UAE banking group Emirates NBD and Microsoft announced that they will collaborate on areas such as the hybrid workplace, low code, Web 3.0, sustainability, and employee wellbeing.
The announcement, which was made at GITEX Global 2022, follows the bank’s recent digital transformation and is in line with its enhanced digital partnerships and fintech engagement operating model.
Emirates NBD and Microsoft will explore ways to leverage low-code development, enhance employees’ productivity and wellbeing, and ensure continuous innovation towards Net-Zero.
The companies will also explore bringing the world of mixed reality to the financial services market, supporting the UAE’s metaverse strategy, and adopting AI technologies to enhance customer engagement.
The collaboration comes in addition to the launch of Emirates NBD’s financial API developer portal in September and its metaverse startup accelerator programme in August.
“As we advance in our digital transformation journey, we are delighted to work with Microsoft as our technology partner on these initiatives as well as emerging spaces like the metaverse and for conducting business sustainably,”
said Miguel Rio Tinto, Group Chief Information & Digital Officer, Emirates NBD.
“The Microsoft Cloud UAE locations are the ideal home for innovation for regional FSI visionaries, and Emirates NBD has shown time and again its determination to lead on creating business solutions using innovative technologies,”
said Naim Yazbeck, General Manager, Microsoft UAE.