Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has introduced a new initiative to enhance investment in the UAE equity markets.
The new initiative allows customers to invest in the UAE equity markets with zero transaction fees, thereby encouraging the growth of domestic stocks and driving economic growth.
This falls in line with the nation’s ‘We the UAE 2031’ vision, which focuses on reinforcing the UAE’s position as a global partner and an attractive economic hub. This initiative highlights Emirates NBD’s unwavering commitment to support the UAE’s economy and economic agenda.
Emirates NBD continues to work closely with the UAE’s government, regulators and the private sector to enhance the nation’s global status as a key global investment hub. Emirates NBD customers can seamlessly explore and trade local equities for free through ENBD X, with over 150 regional equities available to trade on the platform.
Marwan Hadi Group Head Retail Banking & Wealth Management Emirates NBD
“Emirates NBD continues to finance the real economy of the UAE and contribute to the long-term economic growth and development of the region. As a leading national bank, we continue to introduce beneficial initiatives that advance the financial prosperity of our customers. Our new initiative not only provides investors access to local equity markets, but also allows them to explore and invest in domestic stocks at no cost, presenting an opportunity to diversify their portfolios. Investing in domestic stocks contributes directly to the success of local businesses and domestic companies, thereby supporting the growth of our national economy and aligning with the bank’s commitments and goals.”
Emirates NBD’s digital wealth platform allows customers to trade securities on both global and local exchanges. There are over 11,000 global equities and 150 regional equities available to trade.
The bank continues to enhance its wealth platform on its mobile banking app ENBD X since its launch last year. The bank achieved a significant milestone with the introduction of fractional bonds on the platform earlier this year. Additionally, the platform includes a unique Secure Sign facility, where customers with high trading volume can update and sign investment documents to complete any trade irrespective of its complexity or value.
