Friday 29 April 2016
 
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Emirates NBD

Emirates NBD bank units cut 300 jobs

Emirates NBD (ENBD), Dubai's largest lender, has laid off around 300 people in recent weeks at two subsidiaries due to a weaker economy, a spokesman said on Tuesday. The bank made around 100 people redundant from Emirates Mone

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Emirates NBD Q1 net profit gains 8pc

Emirates NBD (ENBD), Dubai's largest lender, posted an 8 per cent rise in first-quarter net profit on Tuesday, aided by smaller provisions for bad loans. The first major lender in the UAE to announce its earnings said it made

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Dubai private sector output rebounds in March

The private sector economy in Dubai, UAE signalled a solid rebound in business conditions during March, following the slight deterioration recorded during the previous month, according to the Emirates NBD Dubai Economy Tracker Index.

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Dubai private sector output rebounds in March

The private sector economy in Dubai, UAE signalled a solid rebound in business conditions during March, following the slight deterioration recorded during the previous month, according to the Emirates NBD Dubai Economy Tracker Index.

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Egypt non-oil business hits 31-month low in March

Egypt’s non-oil private sector business worsened for the sixth straight month, marking the strongest contraction in over two-and-a-half years, driven by sharper declines in output, new orders and employment, a report said. &

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Egypt non-oil business hits 31-month low in March

Egypt’s non-oil private sector business worsened for the sixth straight month, marking the strongest contraction in over two-and-a-half years, driven by sharper declines in output, new orders and employment, a report said. &

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Emerging markets favoured for further gains

Emerging markets are back in the spotlight after some years of underperformance, said an industry expert, adding that the stabilisation of commodity prices is creating the momentum for equities, bonds and currencies. “We are

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ENBD launches fintech innovation contest

Emirates NBD (ENBD), a leading banking group in the region has launched its Global Innovation Programme in partnership with Berlin-based Open Bank Project for fintech experts. The Emirates NBD Group Fintech Challenge is a platform

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Dubai private sector business slows in February

Private sector companies based in Dubai signalled a deterioration in overall operating conditions as output and new orders contracted during February, according to the latest Emirates NBD Dubai Economy Tracker Index. At 48.9, the

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Dubai private sector business slows in February

Private sector companies based in Dubai signalled a deterioration in overall operating conditions as output and new orders contracted during February, according to the latest Emirates NBD Dubai Economy Tracker Index. At 48.9, the

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