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Saudi sovereign wealth fund could finalize United Bank acquisition this year
PIF could acquire United Bank this month for USD 600 mn: Saudi Arabia’s sovereign wealth fund could acquire the state-owned…
THIS EVENING: PIF could acquire United Bank this month for USD 600 mn
Good afternoon, friends. That busy news flow we’ve been signposting since yesterday morning is taking shape with some big news…
Saudi wealth fund is sizing up EgyptAlum — and potentially Egyptian Media Production City + United Bank
Saudi Arabia’s sovereign wealth fund is making headlines in Cairo with at least three possible high-profile acquisitions now appearing to…
Saudi wealth fund could acquire United Bank this year, appoints advisers on transaction
Saudi Arabia’s sovereign wealth fund could purchase United Bank from the Central Bank of Egypt (CBE) before the end of…
One of the year’s biggest banking takeovers just took place in the Middle East
Kuwaiti bank makes one of the year’s biggest banking acquisitions: Kuwait Finance House is acquiring Bahrain’s Ahli United Bank (AUB)…
SODIC seals EGP 600 mn financing agreement with Ahli United Bank
SODIC subsidiary to borrow EGP 600 mn from Ahli United Bank: Ahli United Bank has agreed to provide SODIC subsidiary…
Somabay to renovate Sheraton resort + Egypt to spend another USD 2.6 bn on US arms
Sheraton Soma Bay to get a new look: Somabay has secured an EGP 143 mn loan from Ahli United Bank…
PIF eyes United Bank amid state privatization push
The Saudi sovereign wealth fund is considering making a bid to acquire United Bank, Hapi Journal reported yesterday, citing sources…
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