Emirates NBD to offer fractional bonds for individual investors -GettyImages-630846210

Dubai’s Emirates NBD third quarter profit rises 38%

Profit for the quarter was Dhs5.2bn, roughly in line with analysts’ median estimate of Dhs5.18bn

Emirates NBD introduces carbon market trading -GettyImages-630846210

UAE’s Emirates NBD introduces compliant carbon market trading

The offering will help the bank’s clients to seamlessly tap global carbon credit markets to support their net zero ambitions and sustainability goals

Dubai Investments acquires 9% stake in UK-based digital bank

Dubai Investments acquires 9% stake in UK-based digital bank

Monument Bank is focused on the overlooked ‘mass affluent’ segment in the UK

Oman oil driller Abraj Energy hires banks for $500m IPO

Oman oil driller Abraj Energy hires banks for $500m IPO

Abraj Energy was created in 2006 and owns about 20 land rigs

Abu Dhabi’s ADNOC Distribution launches next-gen retail concept

The first new generation store has been opened at ADNOC’s Sheikh Khalifa Energy Complex

HPE and Alpha Data: Accelerating digital transformation

World’s first cloud-native platform for banks launched in the UAE

The platform enables transaction banks to accelerate their digital transformation on cloud and onboard their SME and corporate clients in weeks rather than months

Abu Dhabi Commercial Bank recommends Dhs1.878bn in cash dividends for 2020

The dividend payout equals to 49 per cent of the lender’s net profit for 2020

Saudi police nab man who stole SAR25,5000 from a bank using ‘fake’ gun

The perpetrator allegedly stole the amount after threatening a bank employee that he would harm a customer with a gun


Dubai bank Mashreq may move nearly half its jobs to cheaper hubs

The relocation plan is expected to be completed in three phases by October this year


Here’s how European private bank LLB is looking to grow in the GCC

Gulf Business speaks to Ludovic Pernot, head of Private Banking Middle East at LLB, on the Covid crisis and plans ahead

Dubai’s Emirates NBD lists $750m bond on Nasdaq Dubai

The perpetual bond is callable after six years and pays a coupon of 6.125 per cent