Thursday 24 July 2014
 
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NBD

Emirates NBD signs key legal training deal

Emirates NBD, a leading bank in the region, has signed a strategic deal with Maktoum Bin Mohammed Al Maktoum Initiatives for Legal Excellence, extending support through 2014, for various initiatives from Dubai Courts. The partners

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Emirates NBD net profit up 34pc

Emirates NBD, a UAE-based bank, has posted a net profit of Dh2.6 billion ($707.8 million) for the nine months ended September 30, up 34 per cent as compared to the same period last year. The net profit for the third quarter was Dh

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NBD signs up to StanChart euro account

Egypt’s National Bank for Development (NBD), in co-operation with Abu Dhabi Islamic Bank Group has signed up to Standard Chartered's Islamic Euro Nostro account, which enables Islamic banks to earn Shariah-compliant profits on their ac

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Egypt's NDB reduces loss to $83m

Egypt's National Bank for Development (NBD) said on Thursday its net loss for 2009 fell to 458.1 million Egyptian pounds ($83.06 million) from 738.9 million in 2008. Loans to customers dropped to 2.22 billion pounds as of Dec 31 from 3.24

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Top UAE banks ‘face tough 2009 on provisions’

Downbeat prospects for the UAE’s economy, combined with provisions as a result of debt trouble at two Saudi conglomerates is likely to dampen profits of the UAE's biggest banks for the remainder of 2009, analysts say. Second-quarter re

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NBD marketing campaign wins award

Emirates NBD’s innovative co-branded credit card NBD-Dnata has received the best marketing campaign award given as part of the MasterCard Asia/Pacific Middle East and Africa Product Awards 2008. Emirates NBD is the largest banking group in

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Abyaar launches new shares

Abyaar Real Estate Development Company, Kuwaiti listed, boutique-luxury real estate developer, has launched a private placement of new shares representing 10 per cent of its capital. As a result of the transaction, the company’s issued and

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NBD launches Kanzi Solutions

The exclusive Private Bank of Emirates Bank and National Bank of Dubai has launched its unique Kanzi Solutions offering provident schemes, employee share option plans and deferred compensation schemes designed to give regional companies a competit

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NBD Investment Bank to advise Abyaar

Abyaar Real Estate Development Company has appointed NBD Investment Bank as financial advisor and placement agent. Once approval has been given by Abyaar’s board members following the annual general meeting, which will be held in March, an

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Emirates Bank offers Hummer weekend

Emirates Bank, an Emirates NBD company, has launched an innovative promotion at Marina Mall Abu Dhabi to coincide with its sponsorship of the Second Liwa international Festival. The promotion which started on December 17 and conclude on D

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