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Moving at Variable Speed

Nearly three years after the glob­al banking crisis erupted, the banks in the Gulf Cooperation Council countries continue to remain…

May 21, 2012 3:43
 
ENBD'S Islamic arm plans $500 million sukuk sale in 2012

ENBD'S Islamic arm plans $500 million sukuk sale in 2012

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
 
Dubai Lender ENBD's Q1 Profit Beats Forecasts

Dubai Lender ENBD's Q1 Profit Beats Forecasts

Emirates NBD reported a forecast-beating first-quarter net profit as a near 50-percent rise in non-interest income and lower impairments boosted profitability.

April 25, 2012 2:48
 
NBAD's Sarkar to rejoin Dubai lender ENBD as retail head – sources

NBAD's Sarkar to rejoin Dubai lender ENBD as retail head – sources

Suvo Sarkar, a veteran regional banker, will return to Emirates NBD as head of its retail group after leaving Dubai's largest bank two years ago to join National Bank of Abu Dhabi, three sources said on Sunday.

April 2, 2012 10:11