Emirates NBD mentioned an investment of MasterCard $ 300 million in the planned public offering of Network International in London, it will not have any impact on its current position as a shareholder in Network International, where he owns Emirates NBD a majority stake of 51% of the company specialized in the field of processing payments in the Middle East and Africa region.
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And Network International Holding Company Limited, and MasterCard, announced last week that they reached an agreement whereby MasterCard invests $ 300 million in shares that Network International intends to offer for the initial public offering on the London Stock Exchange.
It is noteworthy that the profits of Emirates NBD, which is the largest bank in terms of assets in Dubai, increased to 10 billion dirhams (180.7 fils / share) by the end of 2018 , And by 20% compared to the profits for the same period in 2017, for the first time in the history of the bank.
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