Two UAE banks, CIB ‘still in frame’ to buy Citi’s Egypt Retail Business
The number of banks in the running to buy Citigroup's consumer business in Egypt has fallen as the bidding process…
Browsing Tag
Emirates NBD
6 banks request Citibank Egypt retail business acquisition
Six banks have requested to acquire Citigroup’s retail business in Egypt, with the Central Bank of Egypt (CBE) on…
Emirates NBD bags three Awards at MENA Banking Awards 2014
The Emirates NBD Group has won three awards at EMEA Finance's Annual Middle East Banking Awards. The bank was…
Abu Dhabi Islamic Bank shortlisted to buy Citi’s Egypt Operations
Abu Dhabi Islamic Bank said Sunday it has been shortlisted as a buyer for Citigroup’s Egypt retail business in what…
Ahli United Bank secures EGP350 million for Egyptian Steel’s Loan
Ahli United Bank pumps EGP 350 million (US$45.8 million) in a loan arranged for one of Egyptian Steel Group’s…
Dollar to hit EGP 8 by the End of June: Emirates NDB
The Egyptian pound is expected to further weaken against the US dollar, to reach EGP 8 by the end of June, if not…
Mashreqbank CEO confirms Interest in Citigroup Egypt Unit
Mashreqbank PSC (MASQ), the Dubai-based lender, is interested in buying Citigroup Inc. (C)’s Egyptian consumer…
Citigroup gets Bids from Emirates NBD, Mashreq in Egypt
Emirates NBD PJSC (EMIRATES) and Mashreqbank PSC (MASQ), two Dubai-based lenders, are among bidders for Citigroup…
Vodafone Egypt to Impose 1% Fees on Vodafone Cash Services by December
Vodafone Egypt starts to impose new fees on Vodafone cash services by 1% from the beginning of the next month which…
Vodafone Egypt’s Annual Revenues are worth EGP13bn
CEO of Vodafone Egypt S.A.E Hatem Dowidar said the volume of the company's annual revenues are worth around EGP13…
