Forbes Middle East

4 EMIRATES NBD

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Country: U.A.E. Sales: $6.9 B

Profits: $2.7 B Assets: $136 B Market Value: $18.2 B

Emirates NBD was formed in 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporat­ion of the National Bank of Dubai. In 2007, the National Bank of Dubai merged with Emirates Bank Internatio­nal to form what was at the time the U.A.E.’s biggest bank—Emirates NBD. The group has branches in five countries. Currently, more than 9,000 people, representi­ng 70 nationalit­ies, are employed by Emirates NBD, making it one of the largest and most culturally­diversifie­d employers in the U.A.E.

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