THE MIDDLE EAST’S

6. Emirates NBD

Country: U.A.E.
Sector: Banks & Financial Services
Group CEO: Shayne Nelson
Market Value: $28.8 billion
Sales: $20.2 billion
Profits: $5.9 billion
Assets: $234.9 billion

Emirates NBD was formed in 2007 by a merger between Emirates Bank International and the National Bank of Dubai. Today, it has 858 branches, two representative offices, and 17 subsidiaries, serving over 9.4 million active customers in 12 countries. In October 2023, the bank launched a digital wealth platform embedded within its mobile app, ENBD X, to allow customers to trade more than 11,000 global and regional equities and ETFs across 21 capital markets. The platform had facilitated over $272.3 million in investments as of December 2023. In 2023, it issued $750 million in green bonds and recorded net profits of $5.9 billion, an increase of 65.4% compared to 2022.