Stocks Gulf stocks soar on US-Iran ceasefire deal Aya Anwar Apr 8, 2026 0 Gulf stock markets surged on Wednesday as global equities rallied after US President Donald Trump agreed to a…
Banks Adani Airports secures $750m financing from global banks Nada Ali Jun 4, 2025 0 Adani Enterprises announced on Wednesday that its airports unit secured $750 million in financing from a consortium…
Featured ADNOC plans stake sale in drilling unit Aya Anwar May 22, 2024 0 Abu Dhabi's ADNOC has announced plans to divest approximately 5.5 per cent of its stake in its drilling unit, over…
EGX Egypt’s Memphis Pharmaceuticals takes $4.383mln loan from FAB Aya Anwar Nov 26, 2023 0 The Egyptian company Memphis for Pharmaceutical and Chemical Industries confirms taking a loan from First Abu Dhabi…
Stocks Major Gulf stock markets dip amid falling oil prices Aya Anwar Nov 23, 2023 0 Major stock markets in the Gulf dropped on Thursday amid falling oil prices.
Banks FABMISR launches its newest branch in SCZone Nada Ali Oct 30, 2023 0 First Abu Dhabi Bank – Egypt (FABMISR) unveiled on Sunday the opening of its newest branch in Ain El Sokhna,…
Featured Egypt offers initial price by 11.625% of USD dominated sukuk Sama Mousa Feb 21, 2023 0 Egypt offered a preliminary indicative price of around 11.625 percent for benchmark-sized USD sukuk with a…
Banks FAB completes legal merge of assets for Bank Audi Egypt with $10bn Nada Ali Jun 13, 2022 0 First Abu Dhabi Bank - Egypt (FAB) announced on Sunday that it obtained the final approvals from the regulatory…
Money HSBC, Citi among banks to manage Egypt’s first Islamic bonds Amwal Al Ghad English Feb 24, 2022 0 Egypt has named six international banks, including Citigroup and HSBC Holdings, to manage its first sale of…
Money Egypt expects to receive $3 billion loan, in part for sustainable green projects – sources Amwal Al Ghad English Nov 23, 2021 0 Egypt is set to finalise a $3 billion loan to be used in part to finance sustainable green projects, three sources…
Money Banque Misr to secure largest syndicated loan in its history worth $1 billion Amwal Al Ghad English Sep 20, 2021 0 Egypt's second largest state-run lender, Banque Misr is in the process of obtaining the largest syndicated loan in…
Money FAB completes share transfer process to acquire Bank Audi Egypt Amwal Al Ghad English May 6, 2021 0 First Abu Dhabi Bank (FAB) announced on Wednesday that it had completed the share transfer process to acquire 100%…
Money EFG Hermes completes advisory on Bank Audi Egypt’s sale to First Abu Dhabi Bank Islam Salah & Gehad Abdelghany May 6, 2021 0 Egyptian investment bank EFG Hermes announced on Wednesday that it had completed advisory to Bank Audi on its sale…
Money FAB begins share transfer in Bank Audi’s Egypt subsidiary acquisition aya salah Apr 22, 2021 0 First Abu Dhabi Bank (FAB) has begun the share transfer process in its acquisition of 100 percent of Bank Audi's…
Money First Abu Dhabi Bank’s market share to increase 5% after Bank Audi Egypt acquisition Maha Essam Apr 13, 2021 0 First Abu Dhabi Bank’s market share in Egypt will be reaching 4-5 percent after completing its acquisition of Bank…
Money First Abu Dhabi Bank obtains Egypt custody licence Amwal Al Ghad English Feb 14, 2021 0 First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates, announced on Sunday it has obtained a…
Banks First Abu Dhabi Bank signs definitive deal to acquire Bank Audi’s Egyptian unit Amwal Al Ghad English Jan 20, 2021 0 First Abu Dhabi Bank (FAB) has signed a definitive agreement for the acquisition of 100 percent share in Bank…
Money First Abu Dhabi Bank to finish due diligence on Bank Audi’s Egyptian unit before year-end Amwal Al Ghad English Dec 8, 2020 0 First Abu Dhabi Bank (FAB) plans to complete due diligence and submit a binding offer to acquire Bank Audi’s…
Money First Abu Dhabi Bank restarts exclusive talks to buy Bank Audi Egypt mohamed Hamdy Oct 28, 2020 0 First Abu Dhabi Bank FAB.AD (FAB), the largest bank in the United Arab Emirates, has resumed exclusive talks with…
Money FAB declines to comment on media report of restarting Bank Audi Egypt takeover talks Amwal Al Ghad English Sep 8, 2020 0 First Abu Dhabi Bank (FAB) declined to comment on Monday on media reports that said the UAE lender plans to restart…
Money First Abu Dhabi Bank submits binding offer for BLOM Bank’s Egypt unit – sources Fatma Nashaat Sep 7, 2020 0 First Abu Dhabi Bank (FAB) has made a binding offer to buy the Egyptian unit of Lebanon’s BLOM Bank, sources…
Money First Abu Dhabi Bank reportedly to restart negotiations to buy Bank Audi’s Egypt unit Amwal Al Ghad English Sep 6, 2020 0 UAE's biggest lender, First Abu Dhabi Bank (FAB) plans to restart negotiations to buy the Egyptian unit of…
Money Baker McKenzie advises on Egypt’s $2 bln deal with regional, international banks Amwal Al Ghad English Sep 2, 2020 0 Law firm giant Baker McKenzie said on Wednesday that it has been appointed as legal counsel to the Egyptian…
Money Egypt inks $2 billion loan with regional, international banks Amwal Al Ghad English Aug 31, 2020 0 Egypt signed a $2 billion conventional and Islamic loan with several regional and international banks under a deal…
Money First Abu Dhabi Bank suspends talks to acquire Bank Audi’s Egyptian business amid… Ahmed ali&Mohamed Hamdy May 18, 2020 0 Given the exceptional circumstances caused by the coronavirus crisis, First Abu Dhabi Bank (FAB) has suspended all…
Money First Abu Dhabi Bank negotiating to buy Lebanon Bank Audi’s Egypt unit Amwal Al Ghad English Jan 22, 2020 0 First Abu Dhabi Bank (FAB), the largest lender in the United Arab Emirates, is negotiating to potentially buy the…
Tech/AI UAE’s Majid Al Futtaim to raise $600 million by selling green sukuk Amwal Al Ghad English Oct 24, 2019 0 UAE-based developer and shopping mall operator Majid Al Futtaim is set to raise $600 million by selling “green”…
Money First Abu Dhabi Bank, Abu Dhabi Islamic Bank deny coalition talks aya salah Apr 4, 2019 0 Abu Dhabi Islamic Bank and First Abu Dhabi Bank denied they were in merger talks after a news report said the…
Money Egyptian Life Takaful GIG, UAE’s FAB reach bancassurance deal Eslam Abdelhameed Nov 11, 2018 0 First Abu Dhabi Bank’s (FAB) Egyptian unit, one of the largest foreign banks in the country, and Egyptian Life…
Featured Telecom Egypt to get UAE banks-led $500 mln loan before year-end Abdel Hameed Sabry & Nayera Eid Sep 4, 2018 0 Telecom Egypt, the country’s largest internet provider, will secure a loan of $500 million arranged by First Abu…
Banks Egypt’s NBE bank signs interbank alliance with China, Arab banks Amwal Al Ghad English Jul 17, 2018 0 National Bank of Egypt (NBE), the country's largest state bank, signed on Monday a deal to form an alliance with…
Featured Egyptian Electricity Holding signs Credit Suisse and HSBC-led $900 mln loan Ahmed Ali Jun 13, 2018 0 State-owned Egyptian Electricity Holding Company (EEHC) has electronically signed on Tuesday a $900 million…
Banks Egypt’s NBE bank signs $750 mln financing deal with global banks Amwal Al Ghad English Jun 3, 2018 0 National Bank of Egypt (NBE), the country's largest state bank, reached a $750 million financing agreement with a…
Arab Gulf stocks narrowly mixed early on, First Abu Dhabi continues surging Yomna Yasser Jan 4, 2018 0 Gulf stock markets were narrowly mixed during early trade on Thursday although strength in the United Arab…