Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Türkiye) region, has signed a Memorandum of Understanding (MoU) to enter a sustainability and innovation-focused collaboration with Microsoft.
The collaboration aims to enable focused advancement of sustainability goals for both parties through knowledge sharing, and by identifying opportunities for each party to support the implementation of collaborative frameworks and the development of future commitments.
According to the statement, “The initiatives will be built on the back of the parties’ recent collaborative effort – the digital partnership and technology operating model that brought the bank a step towards fulfilling their vision to be the most innovative bank for its customers, people, and communities.”
Abdulla Qassem Group COO Emirates NBD
“Emirates NBD is rapidly embracing cutting-edge innovation to reaffirm its commitment to sustainability. With our continued collaboration with Microsoft, we intend to set a global benchmark for technology-driven environmental responsibility while also transforming our solutions across all customer segments. We anticipate a growing reputation amongst not only customers but also investors and stakeholders who share our values.”
Mr. Samer Abu-Ltaif, Corporate VP and President of Microsoft Central and Eastern Europe, Middle East and Africa (CEMA) said that, “Environmental sustainability requires collective action, and collaboration is the cornerstone of that action. Our ongoing collaboration with Emirates NBD continues to unlock new opportunities for a more sustainable future across the MENAT region and the industry at large.”
“With our advanced technology solutions, we are proud to empower Emirates NBD to drive even greater impact and advance its climate goals, setting a precedent for technology-powered sustainability efforts worldwide. Together, we are demonstrating how shared values and a commitment to sustainability can make a lasting impact on our planet,” Mr. Abu-Ltaif added.
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