By Staff WriterEmirates NBD's planned acquisition of HSBC Bank Egypt's retail banking business is expected to increase the country's contribution to the UAE banking group's deposit base, according to EFG Hermes.The deal will raise Egypt's contribution to Emirates NBD Group's total deposits to appro…
Record H1 2026 profit before tax of AED 16.2 billion was driven by strong income growth, robust lending, and the consolidation of RBL Bank. Key metrics remain healthy, with improved NPL ratios, strong capital, and disciplined cost management, supporting a positive outlook.Based on Emirates NBD Bank…
Net profit for H1 2026 rose 2.6% year-over-year to AED 12.85 billion, with total assets reaching AED 1.32 trillion. The group completed a strategic acquisition of RBL Bank in India and managed hyperinflation impacts in Türkiye, while maintaining strong growth in loans and deposits.Original document…
Record H1 2026 pre-tax profit rose 5% year-over-year to AED 16.2 billion, driven by strong income growth, robust lending, and the RBL Bank acquisition. Asset quality improved, capital and liquidity remained strong, and digital and ESG initiatives advanced.Original document: Emirates NBD Bank (P.J.S…
By Mohd EdreesStock markets in the United Arab Emirates closed higher on Friday, tracking gains in global equities after a lukewarm U.S. jobs report tempered expectations of a near-term Federal Reserve rate hike.The pan-European index STOXX 600 TVC:SXXP rose 0.2%, while MSCI's broadest gauge of gl…
Dubai's largest bank Emirates NBD DFM:EMIRATESNBD said in a bourse filing on Thursday that there have not been "developments" requiring the lender to address a media report earlier this week about a potential acquisition in Turkey."Emirates NBD regularly explores growth opportunities, both organic…
EMIRATES NBD BANK DFM:EMIRATESNBD:
Emirates NBD Bank DFM:EMIRATESNBD:
Dubai, United Arab Emirates – Alvarez & Marsal (A&M), the global professional services firm known for its senior-led, operator-driven approach, has released its latest edition of the United Arab Emirates (UAE) Banking Pulse, analyzing the Q1 2026 performance of the country’s ten largest listed bank…
Offers continuous access and flexibility, aligning with the bank’s journey to lead in digital banking and customer experienceDubai, UAE: Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, signed a strategic Memorandum of Understanding (MoU) with Alba…
By Ateeq ShariffMost Gulf stock markets ended lower on Tuesday on doubts over whether U.S.-Iran talks in Doha will make any progress to end the four-month-old war.U.S. envoys in Doha will not hold a high-level meeting with Iran, a Qatari official said, adding there will be technical talks this week…
EMIRATES NBD SAID TO BE IN TALKS TO ACQUIRE HSBC’S TURKEY UNIT- BLOOMBERG NEWS
UAE, Gifting is no longer just for special occasions. It is embedded in everyday digital behavior, shaped by speed, personalization, and value. In line with this shift, fnp.ae has partnered with Emirates NBD Bank on its newly launched Rewards Hub – powered by Vernost a leading B2B company offering…
By Ateeq ShariffMost Gulf markets ended lower on Monday, as reciprocal strikes by the U.S. and Iran in recent days kept investors on edge despite an agreement between the two countries to stop further attacks.A renewed push for diplomacy in the Middle East would come after several days of retaliato…
Staff WriterDUBAI - Expo City Dubai has signed an agreement with Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, to introduce tailored mortgage and home financing solutions designed to support buyers across its diverse residential portfolio.The par…
Gulf markets opened weaker on Monday, as reciprocal strikes by the U.S. and Iran in recent days kept investors on edge despite an agreement between the two countries to stop further attacks.A renewed push for diplomacy in the Middle East would come after several days of retaliatory strikes, trigger…
DUBAI,: Expo City Dubai has signed an agreement with Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, to introduce tailored mortgage and home financing solutions designed to support buyers across its diverse residential portfolio.The partnership ref…
