logo
Emirates NBD to drive innovation as Premium Banking Partner at Dubai FinTech Summit 2025 - Middle East Business News and Information

Emirates NBD to drive innovation as Premium Banking Partner at Dubai FinTech Summit 2025 - Middle East Business News and Information

Mid East Info07-05-2025
Emirates NBD to unveil a new report looking at industry trends and emerging technologies across the FinTech landscape, offering industry leading insights into leading innovations in the sector
 Ongoing partnership underscores Emirates NBD's position as a key player and innovator in the regional FinTech ecosystem
Dubai, UAE,May 2025 – Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, today announced its participation in Dubai FinTech Summit 2025 as the Premium Banking Partner. This ongoing partnership underscores Emirates NBD's position as a key player and innovator in the regional FinTech ecosystem, reflecting its unwavering commitment to advancing innovation and shaping the future of finance.
Held under the patronage of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, and President of Dubai International Financial Centre, the Dubai FinTech Summit 2025 will take place on 12-13 May at Madinat Jumeirah, Dubai. Organised by the Dubai International Financial Centre (DIFC), the summit will feature global leaders, innovators and policymakers who will share insights and transformative ideas, heralding a new era in the FinTech industry.
During the summit, Emirates NBD will unveil a new FinTech landscape report showcasing how Emirates NBD is using AI and innovation to help shape the UAE's FinTech landscape, focusing on industry trends and emerging technologies. The report will offer valuable insights into Emirates NBD's experiences and successes with FinTech's and strategic partners to accelerate and de-risk innovation for positive business outcomes.
As Premium Banking Partner of the event, Emirates NBD will have an extensive stand with a packed agenda of events taking place, including; live podcasts and panel sessions with industry and Emirates NBD internal expert guests, Channel 4 Radio hosts broadcasting live on stand, the FinTech World Cup finale taking place on day two of the event and featuring a member of the third cohort of the National Digital Talent Incubator (NDTI)® program and finally, the main stage panels and fireside chats with Emirates NBD senior leaders. The bank will also sign significant Memorandums of Understanding (MoUs) with leading FinTech companies at the event, further solidifying its commitment to collaboration and innovation.
Marwan Hadi, Group Head of Retail Banking and Wealth Management at Emirates NBD, said: 'Emirates NBD is committed to fostering innovation by nurturing a dynamic FinTech ecosystem and shaping the future of finance through strategic partnerships and cutting-edge solutions. Our participation in Dubai FinTech Summit 2025 as the Premium Banking Partner highlights our commitment to spearheading FinTech innovation through collaboration with the stakeholders, including accelerators and startups, while consistently delivering exceptional value to our customers.'
2024 partnerships:
Building on the success of its participation in the summit in 2024, Emirates NBD continues to leverage strategic partnerships to enhance its offerings and contribute to the growth of the FinTech industry. Last year, the bank signed several MoUs, including:
 Chainalysis joins Emirates NBD's Digital Asset Lab: Chainalysis, a leading blockchain data platform, joined Emirates NBD's Digital Asset Lab to enhance security, compliance, and innovation in the digital asset space. The Digital Asset Lab, announced during the 2023 Dubai FinTech Summit, serves as a hub for accelerating cutting-edge solutions and innovations.
 Collaboration with NIUM for cross border payments: This collaboration with NIUM, a global payments platform, has enabled Emirates NBD to offer seamless, instantaneous cross-border transfers between the UAE and the world.
 Partnership with NewBridge: Emirates NBD Capital partnered with NewBridge, focusing on effectively addressing multiple friction points endemic to the current loan market structure. This partnership aligns with Emirates NBD's collaborative approach to innovation.
At the upcoming 2025 event, Emirates NBD will be announcing further strategic partnerships and sign MoUs with leading FinTech innovators.
Held under the theme 'FinTech for All', the third edition of Dubai FinTech Summit is expected to draw over 8,000 attendees and 300 speakers from more than 100 countries, and over 1,000 investors alongside top decision makers, thought leaders and experts.
About Emirates NBD:
Emirates NBD (DFM: Emirates NBD) is a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million active customers. As at 31st March 2025, total assets were AED 1 trillion, (equivalent to approx. USD 272 billion). The Group has operations in the UAE, Egypt, India, Türkiye, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 839 branches and 4,539 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 4.54 billion.
Emirates NBD Group serves its customers (individuals, businesses, governments, and institutions) and helps them realise their financial objectives through a range of banking products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. The Group is a key participant in the global digital banking industry with 97% of all financial transactions and requests conducted outside of its branches. The Group also operates Liv, the lifestyle digital bank by Emirates NBD, with close to half a million users, it continues to be the fastest-growing bank in the region.
Emirates NBD contributes to the construction of a sustainable future as an active participant and supporter of the UAE's main development and sustainability initiatives, including financial wellness and the inclusion of people of determination. Emirates NBD is committed to supporting the UAE's Year of Sustainability as Principal Banking Partner of COP28 and an early supporter to the Dubai Can sustainability initiative, a city-wide initiative aimed to reduce use of single-use plastic bottled water.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Emirates NBD Egypt Releases Its First Financed Emissions Report as a Strategic Step Towards Sustainable Finance and Climate Governance
Emirates NBD Egypt Releases Its First Financed Emissions Report as a Strategic Step Towards Sustainable Finance and Climate Governance

bnok24

time2 days ago

  • bnok24

Emirates NBD Egypt Releases Its First Financed Emissions Report as a Strategic Step Towards Sustainable Finance and Climate Governance

Emirates NBD Egypt has officially released its inaugural Financed Emissions Report, marking a significant milestone in its ongoing commitment to its responsible banking strategy and reinforcing its leadership in advancing the transition towards sustainable finance within the Egyptian market. This step comes as part of the bank's broader sustainability strategy aimed at minimizing the environmental impact of its lending portfolio in accordance with the United Nations Sustainable Development Goals (SDGs), Egypt's Vision 2030, and international standards that place environmental sustainability at the core of modern banking This report presents the bank's first comprehensive assessment of greenhouse gas (GHG) emissions associated with its lending activities. It serves as a baseline reference for measuring the environmental footprint of its portfolio and setting the foundation for future emissions reduction targets based on scientific principles and rigorous methodologies. The report focuses on the bank's large corporate loan portfolio, which represents 73% of total lending. Within this portfolio, carbon-intensive sectors account for approximately 21%, spanning five key industries which are oil & gas, power generation, iron & steel, aluminium, and real estate The report was developed in line with the Partnership for Carbon Accounting Financials (PCAF) framework and the Global GHG Accounting and Reporting Standard for the Financial Industry (GHG Protocol), the report underscores the bank's commitment to upholding the highest standards of institutional transparency and environmental governance In this context, Dr. Amgad Doma, Chief Strategy and Sustainability Officer at Emirates NBD Egypt, said: 'This report reflects our vision of delivering a holistic banking model that balances economic growth with environmental stewardship. For us, it is more than a disclosure, it is a testament to our long-term commitment to driving positive change and maximizing the financial sector's impact on both society and the environment. Through this step, we are reinforcing our goal to create lasting value for our customers, partners, and communities, while supporting the transition to a more sustainable banking ecosystem He added: 'We fully recognize that emissions from our lending and investment activities constitute the largest share of our carbon footprint. That's why we firmly believe that transitioning to a green economy is no longer optional, it is a necessity. We are committed to positioning Egypt as a regional hub for sustainable finance, in alignment with Egypt Vision 2030 According to the report, the total direct financed emissions from the bank's portfolio reached 8,834,026 metric tons of CO₂ equivalent (mtCO₂e). The oil & gas and power generation sectors collectively contributed over 98% of these emissions. The bank conducted a detailed evaluation of customers across the five targeted sectors, including emissions from Scopes 1, 2, and 3, to ensure a comprehensive and accurate emissions profile These disclosed emissions are linked to outstanding loans worth USD 298.7 million within the large corporate portfolio. These loans span two main asset classes, which are business loans and project finance loans, both assessed using the economic activity-based methodologies in line with international best practices. The report also confirms that financed emissions constitute the vast majority of the bank's total carbon footprint, far surpassing emissions from direct energy consumption or operational activities, further underscoring the bank's commitment to redirecting its investments toward more sustainable pathways This report reinforces Emirates NBD Egypt's role as more than just a traditional financial institution, but a responsible environmental partner aiming to create a wide-reaching positive impact. It further cements the bank's position as one of Egypt's and the region's leading financial institutions in the areas of green finance and responsible banking practices Google News تابعونا على تابعونا على تطبيق نبض

Visa Africa Fintech Accelerator Opens Applications for Fifth Cohort, Welcomes 22 Startups to Fourth
Visa Africa Fintech Accelerator Opens Applications for Fifth Cohort, Welcomes 22 Startups to Fourth

bnok24

time05-08-2025

  • bnok24

Visa Africa Fintech Accelerator Opens Applications for Fifth Cohort, Welcomes 22 Startups to Fourth

Visa, a global leader in digital payments, announced that applications are open for the fifth cohort (Cohort 5) of its Visa Africa Fintech Accelerator, a 12-week intensive program designed to help startups fast-track their growth and impact. Fintechs with a minimum viable product (MVP) or a market-ready solution based in Africa are invited to apply before August 15 Visa also announced 22 participating startups for the fourth cohort (Cohort 4) of its program, spanning 12 countries. These startups aim is to tackle challenges in Africa's fintech sector and promote financial inclusion and digital growth. They provide solutions in Small and Medium Business (SMB) digitization, lending, cross-border payments, payroll, business-to-business (B2B) payments, AI-powered payments, social commerce, climate insurance, and neo-banking The Visa Africa Fintech Accelerator offers Africa-focused startups mentorship, tailored training, networking, and access to funding and resources, helping them advance in the fintech sector. This initiative is part of Visa's continued commitment to advancing Africa's digital economy, and the company's pledge of $1 billion by 2027 to transform the payments ecosystem Since its inception in 2023, the Visa Africa Fintech Accelerator program has accelerated 64 fintechs across three cohorts, with an estimated cumulative portfolio value of $1.1 billion. In the first three cohorts, participation has spanned 17 countries with operational footprint in 31. Nearly two-thirds (62%) of the startups included women on their leadership teams. Collectively, these fintechs have added more than $3 million in revenue during the course of the training, and alumni have subsequently raised more than $55 million following completion of the program [VISA SPOKESPERSON] stated: 'Visa is committed to fostering innovation and promoting access and inclusion within Africa's financial ecosystem. As digital transformation accelerates across the continent, we are pleased to invite applications for Cohort 5 of the Visa Africa Fintech Accelerator, in alignment with our mission to support emerging start-ups in advancing their innovative solutions. We are also proud to introduce the participants of Cohort 4, whose diverse initiatives are set to deliver meaningful benefits to individuals, merchants, and businesses The virtual Accelerator program will conclude with an in-person Demo Day, where startups will have the opportunity to pitch their innovations to key ecosystem players, funding partners, angel investors, and venture capitalists Startups shortlisted for Cohort 4 of the Visa Africa Fintech Accelerator are • (Zimbabwe): BigDot is helping SMEs use less cash through digital transformation, seamless checkouts, and blockchain-powered financial inclusion • ChatCash (Zimbabwe): ChatCash enables African SMEs to sell and get paid through popular messaging apps using AI-powered, multilingual tools. The platform integrates payments, customer engagement, and business resources • Credify Africa (Uganda): Credify is bridging the trade finance gap for African importers by providing seamless access to capital, logistics, and cross-border payments • Flend (Egypt): Flend is a digital NBFI for SME finance, providing tech-enabled, data-driven solutions to close the financing gap for underserved businesses in North Africa • Hsabati (Morocco): Hsabati is a platform that helps businesses manage operations, enabling data collection and ecosystem scoring to facilitate financing through partner banks • IPT Africa (Mauritius): IPT Africa provides cross-border payments solutions, including payroll processing, real-time FX pricing, and same-day bulk payments • Lemonade Payments (Kenya): Lemonade's white-label digital payments solution empowers businesses with secure, blockchain-powered wallets, without compromising user data • Maishapay (Democratic Republic of Congo): Maishapay is an all-in-one B2B financial platform offering payroll solutions, digital payments, and POS terminals to help streamline transactions • MNZL (Egypt): MNZL is expanding access to credit through a digital platform for asset-backed financing by tapping into consumers home and car equity • Motito (Ghana): Motito is an asset financing marketplace that provides alternative payment options for customers to purchase essential assets • Muda (Kenya): Muda is a digital asset exchange and OTC platform focused on cross-border payments and stablecoin liquidity solutions for African businesses and fintech's • (Botswana): simplifies investing across African stock markets by providing a unified platform for trading all African stocks • OKO Finance Ltd (Ivory Coast): OKO distributes automated climate insurance, allowing farms to boost their climate resilience and banks to de-risk their investment in agricultural projects • PressPayNg (Nigeria): PressPayNg is an education-focused fintech platform that provides banking, financing, savings, and insurance solutions to help parents, guardians, youths, and students fund education • Sevi (Kenya): Sevi streamlines B2B payments within non-digital value chains. This optimizes efficiency in credit, payments and reconciliation for the supplier, and access to stock and stock financing for small retailers • Shiga Digital Inc (Nigeria): Shiga Digital provides simplified access to decentralized financial solutions for the African market with a purpose-built Defi account • ShopOkoa (Kenya): ShopOkoa provides AI-driven credit and payment solutions to small- and micro-enterprises in Africa. It operates as a membership-based system combining daily savings, revenue-based financing, and automated cashflow tracking • Startbutton (Nigeria): Startbutton is a merchant of record helping businesses expand across Africa by paying and receiving local currency payments from their customers in a tax efficient and compliant manner, and without the need to setup local offices • Twiva (Kenya): Twiva is a social commerce platform where businesses market and resell their products and services through social media influencers • Vittas (Nigeria): Vittas empowers healthcare providers with access to tailored financing, digital tools, and payment solutions, enabling them to improve patient care • Woliz (Morocco): Woliz is a fintech ecosystem transforming nano-stores into digital hubs with loyalty rewards, payments, and AI-driven operations • Zazu (South Africa): Zazu is a neobank for African small and medium-sized businesses, providing digital business accounts, expense management, invoicing, and bookkeeping tools in one platform Google News تابعونا على تابعونا على تطبيق نبض

Emirates NBD Egypt H1 Financial Results Achieving Net profit EGP 3bn
Emirates NBD Egypt H1 Financial Results Achieving Net profit EGP 3bn

bnok24

time04-08-2025

  • bnok24

Emirates NBD Egypt H1 Financial Results Achieving Net profit EGP 3bn

عمرو الشافعي Emirates NBD Egypt, one of the largest banks operating in the Egyptian banking sector, announced a significant growth in its financial results ending June 2025, the bank's net profit increased by 20 % achieving EGP 3 bn, compared to EGP 2.5 bn during the counter period in 2024 While profits before taxes increased to reach EGP 4.39 bn during H1-2025, compared to EGP 3.77 bn during the counter period in 2024, representing a growth of 16% The bank recorded a significant increase in Net Interest Income, exceeding EGP 6bn during H1 -2025 compared to EGP 5 bn during the counter period last year, representing a growth of 17% In addition, net commissions and fees reached EGP 918m during H1- 2025 compared EGP 809m during counter period last year, representing 14% increase Moreover, shareholders' equity recorded EGP 20 bn by end of June 2025, compared to EGP 17bn by end of 2024, representing 15% increase Emirates NBD Egypt continued to achieve sustainable growth in its total assets reaching EGP 192bn during H1-2025, compared to EGP 159bn by end of December 2024, representing a 21% growth Customer loans increased by 15% during the first half of the year, reaching EGP 97bn, compared to EGP 84 bn by the end of 2024, classified as follows: EGP 21bn for individual loans and EGP 76 bn for corporate loans Customer deposits increased by 15% during H1-2025, reaching EGP 148 bn compared to EGP 128bn by end of 2024, where EGP 85 bn related to corporates and EGP 63 bn related to individuals Amr El Shafei, CEO and Managing Director of Emirates NBD Egypt, stated: 'At Emirates NBD Egypt, we have focused on elevating our service quality and products delivery channels while offering superior innovative customer solutions and adding large population of new to bank customers across all corporate and retail sectors, by building upon the mighty capabilities of our Group and aligning with our colleagues across the growing Emirates NBD network, we have been able to unlock meaningful opportunities and deliver remarkable results Worth mentioning that Emirates NBD Egypt operates a robust nationwide network of 62 branches and more than 345 ATMs, ensuring convenient and seamless banking services for customers across the country Google News تابعونا على تابعونا على تطبيق نبض Amr El ShafeiCEO and Managing Director of Emirates NBDEmirates NBD EgyptNBD جاري التحميل ...

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store