Summary: DUBAI - The Indian Academy Dubai celebrated its first Annual Sports Meet recently, with Ramkumar Chari, CEO of International Network (Emirates Bank Group
), as its chief guest.
Suresh Kumar, who was a board member and appointed head of Emirates NBD Capital in 2009, has worked with the bank for over twenty years and held senior management roles with Emirates Bank Group
before its 2007 merger with National Bank of Dubai to create Emirates NBD.
While Dubai has been an early starter with the likes of the Shaikh Mohammad Bin Rashid Establishment for SME development and the Al Tomooh Finance Scheme from Emirates Bank Group
(now Emirates NBD), Abu Dhabi created the Khalifa Fund to Support and Develop Small and Medium Enterprises in 2007.
Major players like the National Commercial Bank, National Bank of Kuwait, Abu Dhabi Commercial Bank, Emirates Bank Group
, Qatar National Bank and Arab Banking Corp, among others, are benefiting from benign market conditions.
Dubai-based Emirates Airlines has announced the completion of an agreement for the sale and lease-back of a Boeing 777-200 aircraft worth USD78m with the Emirates Bank Group
Emirates Bank International, the flagship of the Emirates Bank Group
, commenced business as Union Bank of the Middle East.
He and other victims were obviously chosen because of his common surname, and received a Skype call out of the blue by somebody claiming to be Mohammad A.J., a senior official of Emirates Bank Group
UP is part of the Emirates Bank Group
. It's not an exciting history.
* Emirates Bank Group
(EBG) has approved the proposal to raise its existing debt financing through the Euro Medium Term Note (EMTN) programme to $3.Sbn.
A key part of the strategy is a new dedicated website (www.mydsf.com) set up by the organising committee in partnership with Lotus, part of the IBM conglomerate, and the Emirates Bank Group
The Emirates Bank Group
's open-ended Emirates Banking Stocks Fund (EBSF), launched earlier this year, managed to raise 308 million dirhams ($84 million) within a three-week period in June.
In Dubai, the Emirates Bank Group
has announced plans to establish a new international offshore unit, the Emirates Merchant Bank, which will specialise in corporate finance, fund management and private banking.