Sunday 19 November 2017

Nasdaq Dubai celebrates listing of Emirates NBD $750mln bond | ZAWYA MENA Edition

Nasdaq Dubai celebrates listing of Emirates NBD $750mln bond | ZAWYA MENA Edition:

"Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, today rang the market-opening bell to celebrate the listing of a US$750 million conventional bond on Nasdaq Dubai.

The issuance underlines Emirates NBD’s commitment to growth and expansion, building on recent developments that include increasing its international branch presence, enhancing its digital strategy and investing further in core businesses. Emirates NBD recently announced net profit reached AED6.17 billion in the first nine months of 2017, up 15 percent from the same period in 2016.

Emirates NBD is the largest issuer of conventional bonds on Nasdaq Dubai. with a total nominal value of 5.03 billion US Dollars from eight listings.
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