Strategic alliance marks key milestone in delivering enhanced value to corporate partners
Dubai, UAE, August 2026: Emirates NBD, a leading banking group in the Middle East, North Africa, Türkiye and South Asia MENATSA region, has signed a Memorandum of Understanding MoU with American Hospital Dubai and Mohamed & Obaid Almulla Group, creating a framework to improve employee engagement, financial wellness and corporate benefits across both organisations.
Conceptualised and driven by Emirates NBD’s Employee Banking division, this strategic alliance underscores the bank’s focus on expanding its corporate relationships beyond traditional banking transactions. The partnership leverages the collective strengths of Emirates NBD and one of the UAE’s leading healthcare groups to offer a range of financial and wellness initiatives.
Beyond tailored banking services, the MoU establishes a foundation for joint employee engagement activities and wellness initiatives that prioritise financial health alongside overall corporate wellbeing. This approach reflects a shared commitment to delivering long-term value and an elevated workplace experience for employees across both institutions.
Under the agreement, the organisations will collaborate on structured financial awareness sessions, streamlined employee onboarding, dedicated account opening support and preferential banking solutions for Mohamed & Obaid Almulla Group’s employees. By combining financial empowerment with corporate wellness, Emirates NBD continues to reinforce its role as a key partner to leading private and public institutions across the UAE.
About Emirates NBD:
Emirates NBD DFM: Emirates NBD is a leading banking group in the MENATSA (Middle East, North Africa, Türkiye and South Asia) region with a presence in 13 countries, serving over 25 million active customers. As at 30th June 2026, total assets were AED 1.3 trillion, (equivalent to approx. USD 354 billion). The Group has operations in the UAE, Egypt, India, Türkiye, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 1,425 branches and 4,948 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 6.1 billion.
Emirates NBD Group serves its customers (individuals, businesses, governments, and institutions) and helps them realise their financial objectives through a range of banking products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. The Group is a key participant in the global digital banking industry with 97% of all financial transactions and requests conducted outside of its branches. The Group also operates Liv, the lifestyle digital bank by Emirates NBD, with close to half a million users, it continues to be the fastest-growing bank in the region.
Emirates NBD demonstrates leadership in sustainability by becoming the first bank globally to publish an IFRS S1 and S2-aligned report along with assurance of financed emissions and through the landmark issuance of the world’s first Sustainability-Linked Financing Sukuk by Emirates Islamic of USD 500 million fully aligned with ICMA guidelines. Emirates NBD continues to engage and support communities through its pioneering exchanger volunteer programme which completed 10 years in 2025 with over 160,000 hours contributed to social causes for over 1.1 million beneficiaries.
