Dubai, UAE – Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Türkiye) region, has launched a new initiative enabling customers to invest in the UAE equity markets with zero transaction fees. This move aims to stimulate the growth of domestic stocks and bolster economic development within the country.
Aligned with the UAE’s ‘We the UAE 2031’ vision, which seeks to enhance the nation’s position as a global partner and a prominent economic hub, Emirates NBD’s initiative reflects the bank’s commitment to supporting the UAE’s economy and national agenda. By offering customers the opportunity to invest in the UAE equity markets at no cost, the bank reinforces its efforts to contribute to the nation’s financial prosperity.
Emirates NBD customers can now conveniently trade local equities through their everyday mobile banking app, ENBD X. The platform provides access to over 150 regional equities, allowing investors to explore and invest in a diverse range of domestic stocks.
Marwan Hadi, Group Head of Retail Banking and Wealth Management at Emirates NBD, commented on the initiative, stating: “Emirates NBD is dedicated to financing the real economy of the UAE and contributing to the long-term economic growth of the region. As a leading national bank, we consistently introduce innovative solutions that promote the financial well-being of our customers. This initiative not only offers access to the UAE equity markets but also enables investors to diversify their portfolios with no transaction costs, supporting the growth of local businesses and the wider economy.”
Hadi further highlighted that investing in domestic stocks directly supports the success of local companies, aligning with Emirates NBD’s strategic goals and the nation’s broader economic objectives.
The bank’s digital wealth platform, available on the ENBD X mobile app, allows customers to trade securities on both global and regional exchanges. With access to over 11,000 global equities and 150 regional stocks, Emirates NBD continues to enhance its wealth platform, which launched last year. Earlier this year, the bank introduced fractional bonds on the platform, further democratizing access to financial markets.
The ENBD X platform also includes a unique Secure Sign facility, allowing high-volume traders to seamlessly update and sign investment documents for complex trades, offering a streamlined investment experience alongside everyday banking services.
Emirates NBD’s latest initiative underscores its role in driving economic growth while providing its customers with cutting-edge digital tools for financial empowerment.
