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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. It is one of the largest banking groups in the Middle East in terms of assets.
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.
Commercial Bank of Dubai: بنك دبي التـجاري: Dubai: DFM: CBD: Dubai Bank: بنك دبي Dubai Acquired by Emirates Islamic: Dubai Finance Bank:
US$92.57 billion. Bank rate. 5.15% [1] Website. centralbank .ae /en. The Central Bank of the United Arab Emirates ( Arabic: مصرف الإمارات العربية المتحدة المركزي) ( Central Bank of the UAE or CBUAE) is the state institution responsible for managing the currency, monetary policy, banking and insurance regulation ...
The United Arab Emirates is a high-income developing market economy.The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023.
امارات. United Arab Emirates portal. The United Arab Emirates [b] ( UAE ), or simply the Emirates, [c] is a country in West Asia, in the Middle East. Located at the eastern end of the Arabian Peninsula, it shares borders with Oman and Saudi Arabia; as well as maritime borders in the Persian Gulf with Qatar and Iran.
FGB (formerly known as First Gulf Bank) was the third largest bank by assets in the United Arab Emirates (UAE), [1] until it merged with the National Bank of Abu Dhabi in December 2016 to form First Abu Dhabi Bank, creating the largest bank by assets in the UAE. [2] Established in 1979, FGB is headquartered in the Emirate of Abu Dhabi.
Website. www .mubadala .com. Mubadala Investment Company PJSC ( Arabic: شركة مبادلة للاستثمار ), or simply Mubadala, is an Emirati state-owned holding company that acts as one of the sovereign wealth funds of the Emirate of Abu Dhabi. The company was established in 2017 when then-named Mubadala Development Company (now ...