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Nokia charging back with full force
Saudi government websites targeted
Emirates NBD's Islamic unit plans to issue more than $500 million sukuk this year and expects to merge with Dubai Bank before the end of 2012, Al Khaleej Arabic daily newspaper reported on Monday
May 7, 2012 3:42
Emirates NBD, Dubai's largest lender, is seeking approval from three government bodies to merge its two Islamic banking units, sources told Reuters on Monday.
April 9, 2012 4:53Emirates NBD, Dubai's largest bank by assets, could see its Tier 1 capital ratio fall by nearly 1.1 percentage points if it is forced to absorb embattled property lender Amlak Finance, HC Securities said on Sunday.
December 18, 2011 11:39Emirates NBD named a new group head of wholesale banking as well as a new interim chief executive for Dubai Bank, the United Arab Emirates' largest lender by assets said in a statement on Monday.
December 5, 2011 10:07Emirates NBD, Dubai's largest lender, has consolidated its investment banking and financial advisory businesses under its Emirates NBD Capital unit and appointed Mohammed Wajid Kamran as general manager of the arm, according to an internal bank memo.
November 20, 2011 11:21Chairman says firm is in talks to raise capital, no sale planned; Sources said Rasmala reached out to local players for sale; Regional investment banks in the Gulf have struggled in recent years
November 16, 2011 8:21ENBD may have taken over bank for nil, says analyst. The Dubai Government rescued and took control of Dubai Bank in May; Sheikh Ahmed was named ENBD chairman in June
October 11, 2011 10:18Held 30 pct stake in Dubai Bank, worth AED172 million; Dubai govt said on Monday it took over Dubai Bank
May 19, 2011 8:41Govt to wholly own Dubai Bank after capital injection; Options for bank's future still being assessed; Deal to dilute holdings of shareholders
May 16, 2011 12:43
As reports surface that Emirates Islamic Bank and Dubai Bank could be merging, Kipp takes a closer look at bank mergers in the region. Are there more on the way?
October 4, 2010 4:40
The state plans to get tough and reduce the number of foreign residents.
May 20, 2013 5:05
Two Arabtec employees who asked not to be identified said several thousand workers engaged on various projects did not report for duty on Sunday.
May 20, 2013 9:33
Yahoo! board unanimously approves the acquisition...
May 19, 2013 3:20
An FNC member to argue that minimum wages are 'taking advantage' of employers.
May 20, 2013 4:24
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
