Speaking in a conference call to journalists after the announcement of Emirates NBD’s latest quarterly results, Pudner said, “The reports in the press regarding the completion of these technical examinations, evaluations are not accurate. I would just
Noor Islamic Bank has denied rumours that it is in merger talks with Emirates Islamic Bank and Dubai Bank Despite local press reports suggesting that the Government of Dubai is behind a plan to bring together three of the Emirate’s Islamic banks –
Noor Islamic Bank has no plans to merge with another financial institution, it said in a statement on Sunday, dismissing speculation it may tie up with troubled Islamic lender Amlak. A newspaper report last week said the UAE government was considering
Local press reports suggest the Government of Dubai is behind a plan to bring together three of the Emirate’s Islamic banks, Emirates Islamic Bank, Dubai Bank and Noor Islamic Bank, into one merged entity Earlier this month Al Ittihad newspaper had
Emirates Islamic Bank, the United Arab Emirates Islamic lender controlled by Emirates NBD, may acquire Dubai Bank and then purchase Amlak Finance PJSC once the acquisition is complete, Al Ittihad reported, citing people it did not identify. Talks are in
Emirates Islamic Bank, an affiliate of Emirates NBD, is in talks to acquire Dubai Bank and follow it up with a purchase of troubled Islamic lender Amlak, according to a newspaper report on Sunday. Arabic language daily Al Ittihad, citing an unnamed