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23 January 07:18 AM

Discussions are at an early stage
FAB in talks to acquire Bank Audi’s unit in Egypt

Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB), listed on the Abu Dhabi Bank (ADX), is in talks to acquire Bank Audi’s unit in Egypt, Reuters reported on Wednesday. Discussions are at an early stage, a source familiar with the matter told the …
Egypt tops Arab countries attracting Emirati investments
Emirati investments in Egypt exceed AED 26.5bn
Mumtalakat’s CEO Khalid Al Rumaihi
Mumtalakat receives $4bn orders for $500m sukuk
Companies will benefit from a variety of banking services
Ajman Free Zone inks MoU with Mashreq Bank
US’ Hilco Redevelopment Partners buys $240m refinery in Philadelphia
Expenses levelled up by 5.6% to AED 54.0 billion
UAE gov’t revenues exceed AED 56bn in 2018
UAE Arab Global Commodities
DFMGI ADI
DFMGI
2,848.94 -0.21% -5.98
Volume 93,032,689 Turnover 184,451,395 No. of Trades: 2,051
20 Down 5 Flat 9 Up
No. of Traded Stocks : 34
Last Update: 22 January 02:00 PM
ADI
5,234.02 0.95% 49.49
Volume 39,241,892 Turnover 148,351,828 No. of Trades: 1,236
4 Down 4 Flat 19 Up
No. of Traded Stocks : 27
Last Update: 22 January 02:00 PM
Latest News
Discussions are at an early stage
FAB in talks to acquire Bank Audi’s unit in Egypt Banking and Finance
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Egypt tops Arab countries attracting Emirati investments
Emirati investments in Egypt exceed AED 26.5bn Macroeconomics
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Mumtalakat’s CEO Khalid Al Rumaihi
Mumtalakat receives $4bn orders for $500m sukuk Sukuk and Islamic Finance
`
Companies will benefit from a variety of banking services
Ajman Free Zone inks MoU with Mashreq Bank Banking and Finance
`
US’ Hilco Redevelopment Partners buys $240m refinery in Philadelphia Oil and Energy
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Expenses levelled up by 5.6% to AED 54.0 billion
UAE gov’t revenues exceed AED 56bn in 2018 Macroeconomics
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China likely to further pressure global LV sales in 2020 Global Markets brief
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The Murabaha facility agreement was signed in June 2019
Alafco recieves last tranche of $600m Murabaha facility Banking and Finance
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Etisalat has a significant portfolio of brands in 16 countries
Etisalat tops most valuable consumer brands in MEA Macroeconomics
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DFM General Index (DFMGI) closed at 2,848.94 points
DFM closes Wednesday down 0.2% Trading Activities
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Islamic Finance
Mumtalakat’s CEO Khalid Al Rumaihi
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The Murabaha facility agreement was signed in June 2019
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Arab Markets
Discussions are at an early stage
FAB in talks to acquire Bank Audi’s unit in Egypt Banking and Finance
Egypt tops Arab countries attracting Emirati investments
Emirati investments in Egypt exceed AED 26.5bn Macroeconomics
AOI logo
AOI signs MoUs with Romanian companies Companies Investments
The bank’s SMEs portfolio reached EGP 3bn
Banque Misr considers investing EGP 4bn in SMEs over 6M Companies Investments
The United Bank's chairman, Ashraf El Kady
United Bank guarantees EGP 305m securitisation deal for MNHD Banking and Finance
Mumtalakat’s CEO Khalid Al Rumaihi
Mumtalakat receives $4bn orders for $500m sukuk Banking and Finance
The project is slated for delivery in 2023
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Companies will benefit from a variety of banking services
Ajman Free Zone inks MoU with Mashreq Bank Companies Investments
Exports soar 107% YoY in 12M
EFIC’s unit exports $29m goods in 2019 Financial Results
US’ Hilco Redevelopment Partners buys $240m refinery in Philadelphia Global Reports
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International Markets
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