Gulf News

Emirates NBD signs pact with Naeem Shares

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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)

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