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Bank Audi could actually be exiting Egypt
M&A WATCH- Bank Audi could actually be exiting Egypt: Lebanon’s Bank Audi is “considering” selling its Egypt arm if it…
Bank Audi denies media reports that it is planning Egypt exit
M&A WATCH- Bank Audi yesterday denied media reports that it is planning to exit Egypt as it continues to grapple…
Bank Audi could invest alongside Egypt’s SWF
Bank Audi yesterday discussed potential investments with the Sovereign Fund of Egypt, Al Mal reports, without providing further details. The…
Bank Audi to loan EGP 2 bn to SMEs to achieve 20% portfolio target
Bank Audi is planning to loan EGP 2 bn to small and medium-sized businesses by the end of next year…
Earnings Watch: Bank Audi Egypt, Suez Cement
Suez Cement posted net losses of EGP 495.9 mn in 9M2019, compared with an EGP 335.4 mn profit made in…
Mohamed Abbas Fayed appointed CEO of First Abu Dhabi Bank
MOVES- The Central Bank of Egypt has approved the appointment of Mohamed Abbas Fayed as CEO of First Abu Dhabi…
CBE governor pledges to protect NBG’s employees if assets are sold to Bank Audi
M&A WATCH- CBE’s Amer tells NBG employees their “rights will be protected” in Bank Audi acquisition: Central Bank of Egypt…
The Central Bank of Egypt is officially intervening in the dying NBG-Bank Audi acquisition
M&A WATCH- The CBE is officially intervening in the NBG-Bank Audi acquisition as deadline to resolve employee dispute expires: Officials…
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