With this investment, LoanBook gains significant resources, scale, and industry support to deliver transformative solutions to the loan capital markets. Dubai, UAE: Emirates NBD and Mashreq Bank today announced a strategic investment in NewBridge Fintech Solutions, a fintech firm and owner of LoanBook, an EMEA-focused, next-generation platform digitising the syndicated loan and private credit markets. LoanBook […]
Dubai, UAE: Emirates NBD, one of the leading banking groups in the MENAT (Middle East, North Africa, and Türkiye) region, has partnered with Mastercard to launch the Emirates NBD Wholesale Travel Solution, a cutting-edge virtual card-based B2B payment product tailored for travel agencies. This new collaboration builds on a longstanding partnership between the two companies, […]
Dubai, UAE: Geidea, a leading fintech company, has announced a strategic partnership with Emirates NBD, one of the UAE’s premier banks, to deliver cutting-edge financial solutions tailored to the evolving needs of businesses and consumers across the region. This collaboration combines Geidea’s global expertise in fintech innovation with Emirates NBD’s regional leadership in banking to […]
Dubai, 22 October 2024 – Emirates NBD, one of the leading banking groups in the Middle East, North Africa, and Türkiye (MENAT) region, has entered into a strategic agreement with Partior, a blockchain-based payment clearing and settlement platform. This collaboration positions Emirates NBD as the first regional bank to offer real-time payment settlements in UAE […]
Dubai, October 17, 2024 — Emirates NBD, Dubai’s largest bank by assets, announced flat net profit for the third quarter of 2024, as an increase in net interest income was offset by higher impairment charges and investments aimed at driving future growth. For the July-to-September period, the bank posted a net profit of 5.2 billion […]
Dubai, UAE – du Pay, the digital financial services subsidiary of du, has announced an innovative partnership with Emirates NBD to introduce virtual IBANs for its users. This collaboration aims to simplify fund transfers within the UAE, offering enhanced convenience and security for du Pay customers. The partnership allows every du Pay user to benefit […]
Dubai, UAE – Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, and DP World, a global provider of end-to-end supply chain solutions, have announced the launch of a new co-branded corporate card in collaboration with Mastercard. The new credit card, designed to support businesses across various sectors, […]
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 […]
Emirates NBD has reported a record profit of Dh13.8 billion for the first half of 2024, driven by increased lending across its regional network and substantial impaired loan recoveries, according to a recent filing with the Dubai Financial Market (DFM). The group’s quarterly profit exceeded Dh7 billion for the first time, bolstered by strong performances […]