Saturday 5 September 2015
 
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Emirates NBD launches DirectRemit 2 Mobile

Emirates NBD, a leading bank in the region, has launched an innovative new remittance service, DirectRemit 2 Mobile that will enable account holders to transfer funds to any mobile phone number.   This pioneering

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Emirates NBD generates financial report 30pc faster with MDS

Emirates NBD has generated its year-end financial statements 30 per cent faster than the previous year, working with the MDS ap, an exclusive partner on the SAP Business Analytics Portfolio of products. The application allowed it

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Emirates NBD bond may signal more euro issues from Gulf

More borrowers from the Gulf are likely to sell euro-denominated bonds after this week saw the first such benchmark issue by a Gulf financial institution in at least nine years, bankers say. Emirates NBD (ENBD), Dubai's larges

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UAE on solid growth path 'driven by non-oil investments’

The UAE has been on a firm growth trajectory which has enabled the country to consolidate its position as the second largest Arab economy, propelled by non-oil related investments, continued buoyancy in trade and services, and a booming tourism

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UAE on solid growth path 'driven by non-oil investments’

The UAE has been on a firm growth trajectory which has enabled the country to consolidate its position as the second largest Arab economy, propelled by non-oil related investments, continued buoyancy in trade and services, and a booming tourism

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Emirates NBD Q3 profit doubles

Emirates NBD, Dubai's largest lender, beat analysts' forecasts on Wednesday as it reported a doubling of third-quarter net profit, aided by a fall in provisioning. The lender, 55.6 per cent owned by state fund Investment C

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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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