Emirates NBA generalizer

During its 18th meeting yesterday, the General Assembly of Emirates NBD approved the proposal of the Board of Directors regarding the distribution of cash dividends for the year ending December 31, 2024, with a value of one dirham for each ordinary share (100%), with a total value of 6,316 billion dirhams, due to the registered shareholders In the shareholders record at the end of trading on the sixth of March 2025.

During the meeting, His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Board of Directors of the Emirates NBD Group, presented a report on the group’s performance for the year 2024, and His Highness said: “The story of Dubai and the UAE in 2024 reflects unimaginable ambitions, and without limits. The year 2024 was another exceptional years, as Dubai and the UAE established their place as the most prominent international centers for innovation, talent and investment, and it is expected to grow The GDP of the emirate by 3.2% in 2024, to 443 billion dirhams, as a result of the expansion of the main sectors, such as transportation, hospitality, logistics and financial services.

His Highness added: «Emirates NBD plays a major role in this great growth, as it continues to transform and its outstanding performance as the largest bank in Dubai, the most profitable financial institution in the region, and with the Dubai Economic Agenda (D33) seeking to double the size of the Dubai economy by 2033, And consolidating its position among the three best global cities, Emirates NBD leads the path of progress, through strategic initiatives that give priority to innovation Financial inclusion and sustainable growth, which enhances its position as a basic engine to see the ambitious Dubai. ”

His Highness continued: «Besides this distinguished financial performance, Emirates NBD maintained its responsibility and sustainability in the long run, and in the year 2024 Emirates NBD expanded the scope of its products and services in the field of sustainable financing, through innovative solutions such as sustainable fixed deposits, and facilities Funding capital associated with environmental and social governance standards, corporate governance for customers in the region, as well as setting the first general framework in The region is globally recognized for loan financing bonds associated with sustainability, in line with the latest principles and guidelines of the International Capital Markets Association, and draws a strategy of environmental and social governance and corporate governance for the group in the future, a comprehensive road map to enhance the governance of sustainable financing, and reduce net emissions to (zero) in the main sectors And reducing greenhouse gas emissions in (two domains 1 And 2) by 30% by 2030, compared to its levels in 2023 ».