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DAE signs new 5-year unsecured term loan with Emirates NBD

Dubai Aerospace Enterprise (DAE) has signed a $750 million (AED2.75 billion) 5-year unsecured term loan with Emirates NBD Bank (ENBD). The loan will be used...

Emirates NBD’s Riyadh branch secures LEED Gold Certification

Emirates NBD, a leading banking group in the Middle East North Africa and Turkey (MENAT) region, revealed that its Al Quds branch in Riyadh...

Dubai Investments buys additional stake in National General Insurance

UAE-based leading investment company, Dubai Investments has acquired an additional 15.19 percent share of National General Insurance Company (NGI) from Emirates NBD Bank through...

Abu Dhabi royalty-owned company hires two banks to sell 5 year...

Sheikh Mohamed Bin Khalid Al Nahyan's Private Department, which is owned by members of Abu Dhabi's ruling family, has recruited banks to sell five-year...
Emirates NBD Bank

Landmark Sukuk of Islamic Development Bank closed by Emirates NBD Capital

The investment banking arm of Emirates NBD, Emirates NBD Capital Limited, has successfully closed the Islamic Development Bank (IsDB)’s first-ever USD Sustainability Sukuk. Emirates NBD...

Emirates NBD Bank squashes recent reports of a Bank of America...

Following a press clipping suggesting that the US-based Bank of America (BofA) had acquired a 1.5 percent stake in Emirates NBD recently, the bank...

Emirates NBD fetches investment worth $245 million from Bank of America

North Carolina based Bank of America has acquired 1.51% in Emirates NBD, Dubai’s largest bank. Sources suggest that the purchase is likely done through market...

Amazon unit launches AED1m initiative to help start-ups in UAE, Saudi...

Amazon-owned Payfort will spend up to $272k to support its start-up and small business clients battered by harder economic circumstances created by the coronavirus...
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