ArabianBusiness.com - Middle East Business News
Tuesday, 02 December 2008 09:25 UAE time

YOUR DIRECTORY /

Emirates Bank International (EBI)

Main Category: Commercial Bank
First Address : Beniyas Road
Second Address : PO Box 2923
City : Dubai
Country : United Arab Emirates
Phone: 971 4 3160316
Fax: 971 4 2264302
Website: www.emiratesbank.ae


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ALL STORIES LIST


Dubai's DAE appoints banks to lead $1bn loan - banker

Money will be used to refinance existing debt and general corpoate purposes.

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Emirates NBD sees earnings climb 36.8%

Surge in corporate and retail lending helps push lender's Q1 profit up to $351.3mn.

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Nine banks arranging $5bn Dubai World loan

Deutsche Bank, Emirates Bank, HSBC, Lloyds TSB and Mashreq Bank among lenders.

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Limitless clinches $1.2bn Islamic loan

Dubai-based developer secures Sharia-compliant deal as part of global funding and expansion plan.

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Control centre

Transguard's valuable handling facility in Dubai Airport Free Zone is the most technologically advanced security operation in the Middle East. Air Cargo Middle East & India takes an exclusive tour around the region's very own Fort Knox.

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EBI, NBD post double-digit growth

Dubai banks' profits up on corporate and consumer lending in last quarter before landmark merger.

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Emirates NBD plans aggressive expansion

Newly-formed lender to target established players across GCC, chairman says.

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Banking giant DFM listing rivals Emaar

Shares of Emirates NBD PJSC listed on the Dubai Financial Market (DFM) on October 16, making the newly formed banking group the second largest company trading on the exchange.

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Emirates NBD begins trading

Trading of shares in a combined Emirates Bank and National Bank of Dubai starts on Dubai bourse.

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Emirates Bank, NBD shares suspended

Dubai bourse halts trading in shares until banks are combined into Gulf's largest lender by assets.

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Invisible touch

Contactless credit and debit cards are the very latest in payment technology and are set to change the way UAE consumers pay.

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Emirates NBD to begin trading after Eid Al-Fitr

Stock will be listed on first trading day after region's biggest bank is created on October 14.

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Emirates approves NBD merger

Shareholders of Emirates Bank agree to planned $11.3bn merger, NBD to vote today.

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EBI, NBD gear up for vote on merger

Shareholders of Emirates Bank and National Bank of Dubai to vote on merger today and tomorrow.

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WINDOWS investigates: UAE internet banking

If you're looking to set-up an online bank account in the UAE, read on as the WINDOWS team checks out some of the market's current offerings and suggests which of these you can bank on.

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School’s out for summer

Financial activity in the Middle East used to slow down over summer – but is this starting to change?

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Divide and prosper

Syndicated loans give regional banks an opportunity to build both regional and international relationships.

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EBI-NBD provides a merger model for Gulf banks

Combined Emirates NBD bank would be UAE’s largest lender and Gulf’s largest bank by assets.

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Emirates Bank, NBD profits surge

EBI and NBD see net income rise over 40% in final quarter before they merge to create Gulf's largest lender.

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EBI, NBD shareholders to decide on merger by September

Shareholders have until September 17 to decide on government plan to create the Gulf's largest bank.

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New Gulf mega bank signs IT deal

Emirates NBD has signed a multimillion dollar IT change management deal, the first since its launch last week.

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Candidates for consolidation

The region's banking sector is facing up to the biggest shake-up it has ever witnessed during its tender 50-year history.

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The birth of the banking titans

Arabian Business looks at the rationale behind the consolidation of banks in the Middle East.

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Emirates NBD to offer 5% foreign ownership

The EBI-NBD merged bank will allow 5% of its shares to be owned by foreign nationals.

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EBI, NBD reveal merger details

UPDATE 2.30pm: Merger likely to create synergies of around $100mn, including $41mn in cost savings.

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Emirates launches SMS money transfer

Bank introduces 'salary card' enabling expat workers to send and receive money instantly around the world.

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Emirates Bank extends $55mn tower loan

Emirates Bank agrees $55mn loan extension to finance Dubai's Sky Gardens development.

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Mergers, you can bank on it

Bank merger mania is about to engulf the Middle East, says James Bennett.

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Green light for $11.25bn UAE bank

Gulf's biggest bank to form as Emirates Bank International, National Bank of Dubai merger gets go ahead.

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Whirlwind times for Mideast banks

The banking and finance sector is battening down the hatches in preparation for some uncertain times ahead.

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US$125m Russia loan

Mashreq, Emirates Bank and Fortis Bank have arranged a US$125m syndicated loan facility for one of Russia's leading private sector banks, JSCB Promsvyazbank.

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Emirates’ Kazakh bank bid

Emirates Bank and Kazakhstan's Bank TuranAlem have agreed to set up an Islamic bank in Kazakhstan, according to an Emirates Bank official.

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Emirates Bank eyes Abu Dhabi, Kuwait

Dubai's largest lender looks to expand operations with particular focus on UAE capital.

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More Premier Travel Inns for GCC

UK budget hotel brand receives cash injection to accelerate company's expansion plans in the region.

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Increasing the net profits

Middle East banks are generating customer loyalty with online services, but security is now increasingly vital.

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Dubai Police to get home loans

Emirates Bank has assembled a tailored-made loan package for Dubai Police in gratitude for its service

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Goldman Sachs to advise on Dubai banks merger

Firm wins contract to advise on the $45bn merger of Emirates Bank International and National Bank of Dubai.

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Prepare to merge

Why the merging process of big companies can be a complex one from an IT industry point of view.

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Merger to create UAE’s top lender

National Bank of Dubai and Emirates Bank to merge.

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EBI plans $57m Thai bond

Emirates Bank International plans to issue a 2-billion baht-denominated bond next week.

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Dubai banks merger to up competition

NBD-EBI merger will boost competitiveness, says UAE Central Bank Governor.

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Merger jobs safe says bank chief

The proposed merger of Emirates Bank International (EBI) and National Bank of Dubai (NBD) should not lead to any job cuts, the EBI chairman told IT Weekly this week.

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NBAD mulls merger on Dubai banks' lead

The bank is considering a merger following the EBI-NBD announcement.

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'Too early' for EBI, NBD rating impact

Moody's requires more information on the proposed UAE bank merger before taking rating action.

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Dubai banks' shares rally as trading resumes

Emirates Bank International and National Bank of Dubai are the biggest gainers as the DFM lifts suspension.

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M&A activity could spiral in Dubai banking sector

The merger of NBD and EBI could spark a rush for smaller banks to consolidate or face crippling competition.

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Dubai ruler demands NBD and EBI merger

The combined might of National Bank of Dubai and Emirates Bank International will create the UAE's biggest lender.

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NBD and EBI in shock bank merger

National Bank of Dubai and Emirates Bank International will merge to create the UAE’s biggest lender.

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Cruise to the Caribbean with Emirates Bank

Emirates Bank offers loan customers a chance to win a Caribbean cruise

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Thuraya takes out US$100 million loan

Satcom provider launches service in Zambia and introduces Africa Talk tariff

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Phishers pose homegrown threat

Online banking customers are coming under pressure from local criminals, as security companies reveal phishing attacks originating from Saudi Arabia, Jordan, Morocco and Egypt.

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Gulf banks on alert for online account theft

Phishing attacks are getting closer to home here in the Middle East, with security experts warning that many are now originating within the region.

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Banking on security solutions

Online security threats remain a major problem for large enterprises and their customers in the Middle East. With multi pronged attacks growing in frequency and sophistication, Sherief Younis discovers what is being done in the Middle East to ensure a secure online environment for customers.

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Phishing attacks now homegrown

Arabic speakers being used to target region, experts warn

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Autofinance: Clear cut deal?

The UAE’s “auto ownership mania” has made the country a prime international market for carmakers – a business opportunity which has not escaped the local retail bankers. With a plethora of auto financing packages currently available in the marketplace, are car buyers getting a good deal?

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Cool customer

Emirate\'s Bank new CEO Rick Punder predicts a healthy and high-tech fuure for banking in the UAE and the GCC region.

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Congratulations are due

Congratulations are due to the team at General Motors for an excellent press launch of four of its new models in Oman this month. However, the choice of a framed Omani khanjar sword for the journalists' press packs was probably less advisable, as Muscat airport security will testify.

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Pushing forward

Push email is an application that is gaining traction in the Middle East region, and as it does, the market for smart devices is being proportionately impacted upon. Dylan Bowman looks at the trends helping to shape the market for push email services, and assesses how corporates are benefiting.

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Keeping your identity

Systems security used to be about keeping the bad guys out, but as threats have evolved identity management and authentication have emerged as key to successful policing

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The travelling banker

With the honeymoon-period over and his feet well and truly under the desk, recently appointed CEO of Emirates Bank, Rick Pudner, is now confident and ready to stamp his mark on the UAE financial powerhouse. Andrew Mernin meets the career banker as he embarks on his latest Middle Eastern mission

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EFS sets up international investment banking arm

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Emirates offers chance to win twice your salary

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Emirates Bank automates report management process

Emirates Bank has moved to strengthen its e-banking environment, with the recent signing of an agreement with Advanced Business Systems (ABS).

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EBI goes into COLD Storage

Emirates Bank International has taken another step towards a more efficient, paperless office with the deployment of a laser disc-based document archiving system.

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Emirates Bank Group puts its faith in Reuters & Tibco

Emirates Bank Group has decided to deploy Reuters/Tibco's Active Enterprise middleware product suite to enable it to integrate its core systems.

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EBG rejuvenates BankNet

Emirates Bank Group has awarded the project to upgrade its Internet banking service, BankNet, to Emirates Computers and Brokat.

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READER COMMENTS

  1. UAE blocks low-paid workers from driving - report 14
    01 Dec ' 08 at 18:53
    Are the authorities considering Nurses as menial workers? No wonder then that large numbers of Graduate Nursing professionals are...  More »
  2. $95bn Satwa redevelopment delayed 3
    01 Dec ' 08 at 21:09
    You suggest Jumeira Gardens will stretch 150kms south of Shk Zayed Road. That would take you well into Abu Dhabi.I don't think even...  More »
  3. Property correction sooner, steeper than anticipated 3
    01 Dec ' 08 at 17:00
    I saw when people went from poor to rich in this country in a matter of weeks, i saw the rich getting poor agian in a matter of...  More »
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