Ora Developers Egypt signs EGP 2.54 billion loan agreement
Ora Developers Egypt, part of Naguib Sawiris-led Ora Developers Group, signed a loan agreement with four banks for…
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Emirates NBD
Banque Misr lead arranger for EGP 2.5 bln Sawiris-led ZED West project
Egypt's second-largest state bank, Banque Misr is lead arranger for a 2.54 billion Egyptian pound ($162.3 million)…
Emirates NBD Egypt pre-tax profits at EGP 1.338 billion in 9 months
Emirates NBD Egypt said on Sunday its profits before tax reached around 1.338 billion Egyptian pounds ($85.5…
Bahrain’s Bank ABC starts due diligence on Blom Bank Egypt
Bahrain-based The Arab Banking Corporation (ABC) has started due diligence on Blom Bank Egyptahead of submitting an…
First Abu Dhabi Bank reportedly to restart negotiations to buy Bank Audi’s Egypt unit
UAE's biggest lender, First Abu Dhabi Bank (FAB) plans to restart negotiations to buy the Egyptian unit of…
A third yet-unnamed suitor enters race to Acquire Blom Bank Egypt
Competition heated as another foreign non-banking financial institution is said to have entered the race with…
Emirates NBD negotiating to acquire Blom Bank Egypt
Emirates NBD, the leading banking group in the region, is in early talks with Lebanon's Blom Bank for a potential…
Emirates NBD Egypt reports 44% increase in profit during 2019
Egypt reported a 44.23 percent year-on-year hike in its net profits in 2019, the bank’s consolidated financial…
Dubai’s largest bank Emirates NBD hikes foreign ownership limit to 20%
Emirates NBD, Dubai’s largest bank, on Monday announced that it had raised its foreign ownership limit to 20…
Emirates NBD completes acquisition of Denizbank, fifth-largest bank in Turkey
Emirates NBD completed the acquisition deal of Turkey’s Denizbank from Russia’s Sberbank after gaining regulatory…
