{"id":568763,"date":"2020-02-03T04:10:02","date_gmt":"2020-02-03T04:10:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/03\/mashreq-bank-considers-purchasing-majority-stake-in-arab-investment-bank\/"},"modified":"2020-02-03T04:10:02","modified_gmt":"2020-02-03T04:10:02","slug":"mashreq-bank-considers-purchasing-majority-stake-in-arab-investment-bank","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/03\/mashreq-bank-considers-purchasing-majority-stake-in-arab-investment-bank\/","title":{"rendered":"Mashreq Bank considers purchasing majority stake in Arab Investment Bank"},"content":{"rendered":"

M&A WATCH- <\/strong>The UAE\u2019s <\/strong>Mashreq Bank is considering acquiring a controlling stake in Egypt\u2019s Arab Investment Bank (AIB)<\/strong>, sources familiar with the matter told Al Shorouk<\/a>. The bank is currently 91.4% held by the National Investment Bank (NIB), with the government holding the remaining 8.58%. NIB recently held talks<\/a> with investors about purchasing stakes in seven state-owned companies.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- The UAE\u2019s Mashreq Bank is considering acquiring a controlling stake in Egypt\u2019s Arab Investment Bank (AIB), sources familiar with the matter told Al Shorouk. The bank is currently 91.4% held by the National Investment Bank (NIB), with the government holding the remaining 8.58%. NIB recently held talks with investors about purchasing stakes in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[3148,204,72,9017,585,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-568763","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-arab-investment-bank","tag-banking","tag-enterpriseam","tag-mashreq","tag-national-investment-bank","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3bdd065f-c9c3-4a53-be03-b7e28e11fc49","is_powered_by":true,"section_story_id":"1428f01f-9682-484b-8152-b9b69ea63b4a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[568749],"teaser":"","voice_url":""},"yoast_head":"\nMashreq Bank considers purchasing majority stake in Arab Investment Bank - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/03\/mashreq-bank-considers-purchasing-majority-stake-in-arab-investment-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mashreq Bank considers purchasing majority stake in Arab Investment Bank\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- The UAE\u2019s Mashreq Bank is considering acquiring a controlling stake in Egypt\u2019s Arab Investment Bank (AIB), sources familiar with the matter told Al Shorouk. The bank is currently 91.4% held by the National Investment Bank (NIB), with the government holding the remaining 8.58%. NIB recently held talks with investors about purchasing stakes in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/03\/mashreq-bank-considers-purchasing-majority-stake-in-arab-investment-bank\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-03T04:10:02+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/03\/mashreq-bank-considers-purchasing-majority-stake-in-arab-investment-bank\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/03\/mashreq-bank-considers-purchasing-majority-stake-in-arab-investment-bank\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Mashreq Bank considers purchasing majority stake in Arab Investment Bank\",\"datePublished\":\"2020-02-03T04:10:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/03\/mashreq-bank-considers-purchasing-majority-stake-in-arab-investment-bank\/\"},\"wordCount\":69,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Arab Investment Bank\",\"banking\",\"EnterpriseAM\",\"Mashreq\",\"National Investment Bank\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/03\/mashreq-bank-considers-purchasing-majority-stake-in-arab-investment-bank\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/03\/mashreq-bank-considers-purchasing-majority-stake-in-arab-investment-bank\/\",\"name\":\"Mashreq Bank considers purchasing majority stake in Arab Investment Bank - 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