Growing regional business
Emirates NBD has been steadily expanding its international business, with overseas operations now contributing about 36 per cent of the group’s total income.
The bank operates in 13 countries across the Middle East, North Africa, Türkiye and South Asia, serving more than 25 million active customers.
As of June 30, 2026, Emirates NBD reported total assets of about $360 billion and first-half net profit of approximately $3.5 billion. The lender has a market capitalisation of around $52 billion and is 56 per cent owned by the Dubai Government through the Investment Corporation of Dubai and Dubai Holding Group.
The group operates 1,425 branches and 4,948 ATMs and smart deposit machines across its network.
Emirates NBD Egypt expands
Emirates NBD Egypt currently operates 64 branches across Greater Cairo, the North Coast, Delta, Canal, Upper Egypt and the Red Sea region, supported by more than 2,300 employees.
The subsidiary reported total assets of about $5 billion as of June 30, 2026.
The acquisition is expected to increase Emirates NBD Egypt’s scale in the country’s retail banking market by adding HSBC Egypt’s retail customers, branches and distribution network once the transaction receives regulatory approval and is completed.
Justin is a personal finance author and seasoned business journalist with over a decade of experience. He makes it his mission to break down complex financial topics and make them clear, relatable, and relevant—helping everyday readers navigate today’s economy with confidence.
Before returning to his Middle Eastern roots, where he was born and raised, Justin worked as a Business Correspondent at Reuters, reporting on equities and economic trends across both the Middle East and Asia-Pacific regions.
