Emirates NBD signs pact with Naeem Shares
Emirates NBD said yesterday it will provide clearing services to UAE-based Naeem Shares and Bonds.
Emirates NBD is the first UAE-based financial services entity to be approved by Securities and Commodities Authority as a General Clearing Member for the UAE’s equity markets. “Naeem Shares and Bonds joins our prestigious portfolio of customers, underlining the strong value proposition Emirates NBD brings to the UAE’s capital markets,” said Dr. Tariq Bin Hendi, executive vice president. (Staff Report)