Emirates NBD, Dubai's largest lender by market value, has picked banks to arrange a new five-year dollar bond which could price as early as Wednesday, lead managers said on Wednesday.
March 21, 2012 2:04
With the impending job cuts at EmiratesNBD and a less than rosier outlook for Emirates Islamic Bank, you may be persuaded to think the banking sector in the UAE is in for a toss. But you would be wrong.
March 14, 2012 3:53
Rumor has it the UAE's largest bank Emirates NBD is looking to cut 15 percent of its workforce to "reduce costs"-as we wait for more updates on the news, Kipp takes you through 5 of the major moves in the giant's recent history.
March 13, 2012 3:49
Emirates NBD, Dubai's largest bank which has been grappling with impairments, plans to lay off up to 15 percent of its workforce, three sources familiar with the matter said on Monday.
March 13, 2012 2:22