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Headquarters. Abu Dhabi. , UAE. Website. edb .gov .ae /en / [1] The Emirates Development Bank (EDB) is an Emeriti state-owned financial institution established in 2015 in the United Arab Emirates under the patronage of Sheikh Mansour bin Zayed Al Nahyan, Deputy PM and Minister of Presidential Affairs of UAE. [2] [3] [4]
Commercial Bank of Dubai: بنك دبي التـجاري: Dubai: DFM: CBD: Dubai Bank: بنك دبي Dubai Acquired by Emirates Islamic: Dubai Finance Bank:
Emirates Financial Towers is a 27 story twin-tower commercial development located in the Dubai International Financial Centre, Dubai ’s central financial district. The development, which was completed and handed over in June 2011, consists of office and retail units and the towers are connected on the 16th floor by a glass skybridge, designed ...
On 1 December 2012 Dubai Bank was acquired by Emirates NBD. [3] [4] [5] As of 31 December 2020, total assets were AED 698 billion, deposits of AED 464 billion, a total income of AED 23.21 billion, and a net profit of AED 7 billion, making it one of the top financial institutions of the UAE, with a brand value of $3.89 billion.
The Dubai International Financial Centre ( DIFC) is a special economic zone in Dubai covering 110 ha (272 acres), established in 2004 as a financial hub for companies operating throughout the Middle East, Africa, and South Asia (MEASA) markets. DIFC is regulated by the Dubai Financial Services Authority, an independent regulator exclusive to ...
The Dubai Development Authority ( DDA) ( Arabic: سلطة دبي للتطوير), formally known as the Dubai Creative Clusters Authority and Dubai Technology and Media Free Zone Authority, [1] [2] is a Dubai government authority that oversees the development, control, municipal, economic, and immigration functions across select free zone ...
Website. www .emaar .com. Emaar Properties (or simply Emaar) is an Emirati multinational real estate development company located in the United Arab Emirates. [1] The two largest shareholders are Dubai ruler Mohammed bin Rashid Al Maktoum and the UAE's sovereign wealth fund Investment Corporation of Dubai.
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment.
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