ADNOC plans stake sale in drilling unit
Abu Dhabi's ADNOC has announced plans to divest approximately 5.5 per cent of its stake in its drilling unit, over…
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First Abu Dhabi Bank
Egypt’s Memphis Pharmaceuticals takes $4.383mln loan from FAB
The Egyptian company Memphis for Pharmaceutical and Chemical Industries confirms taking a loan from First Abu Dhabi…
Major Gulf stock markets dip amid falling oil prices
Major stock markets in the Gulf dropped on Thursday amid falling oil prices.
FABMISR launches its newest branch in SCZone
First Abu Dhabi Bank – Egypt (FABMISR) unveiled on Sunday the opening of its newest branch in Ain El Sokhna,…
Egypt offers initial price by 11.625% of USD dominated sukuk
Egypt offered a preliminary indicative price of around 11.625 percent for benchmark-sized USD sukuk with a…
FAB completes legal merge of assets for Bank Audi Egypt with $10bn
First Abu Dhabi Bank - Egypt (FAB) announced on Sunday that it obtained the final approvals from the regulatory…
HSBC, Citi among banks to manage Egypt’s first Islamic bonds
Egypt has named six international banks, including Citigroup and HSBC Holdings, to manage its first sale of…
Egypt expects to receive $3 billion loan, in part for sustainable green projects – sources
Egypt is set to finalise a $3 billion loan to be used in part to finance sustainable green projects, three sources…
Banque Misr to secure largest syndicated loan in its history worth $1 billion
Egypt's second largest state-run lender, Banque Misr is in the process of obtaining the largest syndicated loan in…
FAB completes share transfer process to acquire Bank Audi Egypt
First Abu Dhabi Bank (FAB) announced on Wednesday that it had completed the share transfer process to acquire 100%…
