Emirates NBD Asset Management today announced its collaboration with UTI International, one of India’s largest money managers, for India funds.
The agreement aims to increase Emirates NBD Asset Management’s global fund
Emirates NBD, the UAE’s largest lender, has delivered a solid set of financial results with its net profit growing 8 per cent to Dh5.4 billion ($1.47 billion) for the first nine months of 2016.
The operating performance was
Barclays has begun a formal process to sell its Egyptian unit, with at least two banks from the Middle East and North Africa region expressing interest in the business, sources familiar with the matter said on Tuesday.
Dubai's largest lender, Emirates NBD (ENBD), reported a 16 per cent rise in second-quarter net profit on Monday, broadly in line with analysts' forecasts, aided by a cut in the amount of cash it sets aside to cover bad debt.
Emirates NBD, a leading bank in the region, today announced the appointment of Gary Dugan as its chief investment officer – wealth management.
An accomplished investment professional with over 30 years of experience with som
Emirates NBD (ENBD), Dubai’s largest lender, posted a net profit of Dh5 billion ($1.36 billion) for the first nine months of the year compared to Dh3.9 billion during the same period of 2014, marking an increase of 27 per cent.
Network International, a developer of payment processing solutions, is considering strategic options including an initial public offer, Dubai-based lender Emirates NBD said on Tuesday, referring to the firm as its affiliated associate.
Emirates NBD (ENBD), Dubai's largest lender, posted a 26 per cent rise in second-quarter net profit on Wednesday, slightly missing analysts' forecasts.
The lender, 55.6-per cent owned by state fund Investment Corp of Dubai
Emirates NBD (ENBD), Dubai's largest bank, expects its loan growth to be between 5 and 7 per cent in 2015 and for the coming year to be "very profitable" despite the falling oil price, its chief executive said on Wednesday.
Emirates NBD, Dubai's largest lender, priced an A$450 million ($348 million), seven-year kangaroo bond issue on Wednesday, the longest maturity from a Middle Eastern issuer in that market to date.
The bond was priced with a 4.