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Emirates Investment Bank PJSC (EIBANK)

Country of Origin: United Arab Emirates (U.A.E) Emirates Investment Bank P.J.S.C. (the “Bank”) was incorporated on 17 February 1976 in Dubai, United Arab Emirates, by a decree of HH the Ruler of Dubai. In 1999, the Bank was registered under the UAE Commercial Companies Law No. (8) of 1984 (as amended) as a Public Joint Stock Company.The Bank is engaged in the business of investment advisory and wealth management. The address of the Bank’s registered office is P.O. Box 5503, Dubai, United Arab Emirates.The Bank is a subsidiary of Al Futtaim Private Company LLC which holds 83.25% of the shares in the Bank. 

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Emirates NBD PJSC (EMIRATESNBD)

Country of Origin: United Arab Emirates (U.A.E) Emirates NBD PJSC (the “Bank”) was incorporated in the United Arab Emirates on 16 July 2007, under the Commercial Companies Law (Federal Law Number 8 of 1984 as amended) as a Public Joint Stock Company. The Bank was incorporated principally to give effect to the merger between Emirates Bank International PJSC (“EBI”) and National Bank of Dubai PJSC (“NBD”). The merger became effective from 16 October 2007, while the legal merger was completed on 4 February 2010. Post this date, EBI and NBD ceased to exist. The Bank and its subsidiaries are (together referred to as the “Group”). The Bank is listed on the Dubai Financial Market. The Group’s principal business activity is corporate, consumer, treasury, investment banking, Islamic financing and asset management services. The parent company of the Group is Investment Corporation of Dubai, a company in which the Government of Dubai is the majority shareholder.

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Commercial Bank of Dubai P.S.C. (CBD)

Country of Origin: United Arab Emirates (U.A.E) Commercial Bank of Dubai PSC (“the Bank”) was incorporated in Dubai, United Arab Emirates (U.A.E.) in 1969 and is registered as a Public Joint Shareholding Company (PJSC) in accordance with Federal Law No. 32 of 2021. The Bank is listed on the Dubai Financial Market. The Bank’s principal activity is commercial and retail banking. The registered address of the Bank is CBD Head Office, Al Ittihad Street, P. O Box 2668, Dubai, United Arab Emirates. Details about subsidiaries and an associate: i.CBD Financial Services LLC, is registered as a limited liability company in accordance with Federal Law No. 32 of 2021 in Dubai, United Arab Emirates. The Group holds a 100% interest. Its principal activity is providing brokerage facilities for local shares and bonds. ii.CBD Employment Services One Person Company LLC, is registered as a limited liability company in accordance with Federal Law No. 32 of 2021 in Dubai, United Arab Emirates. The Group holds 100% interest. Its principal activity is the supply of manpower services. iii.Attijari Properties LLC, is registered as a limited liability company in accordance with Federal Law No. 32 of 2021 in Dubai, United Arab Emirates. The Group holds a 100% interest. Its principal activity is self-owned property management services as well as buying and selling of real estate. iv. Noor Almethaq Real Estate Development LLC, is registered as a limited liability company in accordance with Federal Law No. 32 of 2021 in Dubai, United Arab Emirates. The Group holds a 100% interest. Its principal activity is the development of real estate. v. CBD (Cayman) Limited is a special purpose entity (SPE) registered in the Cayman Islands. The SPE has been established for the issuance of debt securities. vi.CBD (Cayman II) Limited is a special purpose entity (SPE) registered in the Cayman Islands. The SPE has been established to transact and negotiate derivative agreements. vii. VS 1897 (Cayman) Limited is a special purpose entity (SPE) registered in the Cayman Islands. The SPE has been established to manage investment acquired in the settlement of debt. viii. National General Insurance Co. (PJSC) is an associate of the Bank and is listed on the Dubai Financial Market. It underwrites all classes of life and general insurance business as well as certain reinsurance business. The Bank holds a 17.8% interest in the associate. The management believes that it has significant influence on the associate by virtue of having representation on the Board of Directors of the associate.

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Emirates Integrated Telecommunications Company PJSC (DU)

Country of Origin: United Arab Emirates (U.A.E) Emirates Integrated Telecommunications Company PJSC (“the Company”) is a public joint stock company with limited liability. The Company was incorporated according to Ministerial Resolution No. 479 of 2005 issued on 28 December 2005. The Company is registered in the commercial register under No. 77967. The Company’s principal objectives are to provide fixed, mobile, wholesale, broadband, broadcasting and associated telecommunications services in the UAE. The commercial operations of the Company commenced on 11 February 2007.

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Salik Company PJSC (SALIK)

Salik Company PJSC have been established in its current form, as a public joint stock company on 5th of July 2022 pursuant to Executive Counsel Decision number (41) for year 2022.Salik, meaning “open” or “clear” in Arabic, is Dubai’s exclusive toll gate operator and currently operates eight automatic toll gates utilising Radio Frequency Identification (RFID) technology throughout Dubai. Salik’s toll gates are located at strategic junctures throughout Dubai, especially on Sheikh Zayed Road which is considered Dubai’s main road. All but two of the Company’s existing toll gates are located on Sheikh Zayed Road in the Emirate. Under a 49-year concession agreement (ending in 2071) with the RTA, Salik holds the exclusive right to operate current and future toll gates across the Emirate of Dubai. Salik can also engage in new business activities within and outside Dubai as per Salik’s decree of establishment.Company's Activities are detailed in AOA and Listing Prospectus.

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Insight
a pile of bitcoins sitting on top of a red cloth

UAE Launches First Central Bank‑Approved USD Stablecoin, Boosting Digital Finance and Payments

In the latest UAE finance news from the past 24 hours, the Central Bank of the UAE has approved the country’s first USD‑backed stablecoin, marking a major milestone in the nation’s digital finance ecosystem. This development adds a new regulated payment instrument to the UAE’s financial infrastructure and could influence cross‑border transactions, institutional settlement, and broader market innovation.

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