{"id":621200,"date":"2018-11-01T04:14:13","date_gmt":"2018-11-01T04:14:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/01\/egypts-banque-misr-sells-2-stake-in-saudis-samba\/"},"modified":"2018-11-01T04:14:13","modified_gmt":"2018-11-01T04:14:13","slug":"egypts-banque-misr-sells-2-stake-in-saudis-samba","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/01\/egypts-banque-misr-sells-2-stake-in-saudis-samba\/","title":{"rendered":"Egypt\u2019s Banque Misr sells 2% stake in Saudi\u2019s Samba"},"content":{"rendered":"

M&A WATCH- Banque Misr has sold its 2% stake in Saudi Arabia\u2019s Samba Financial Group for USD 370 mn<\/b>, Vice Chairman Akef El Maghraby told Reuters<\/a>, without naming the buyer. El Maghraby told Sky News that the divestment came amid plans to sell stakes in entities in which the bank does not participate in management or in the decision-making process (watch, runtime 01:15<\/a>). El Maghraby also said Banque Misr would not be selling its stake in Cairo-Amman Bank.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Banque Misr has sold its 2% stake in Saudi Arabia\u2019s Samba Financial Group for USD 370 mn, Vice Chairman Akef El Maghraby told Reuters, without naming the buyer. El Maghraby told Sky News that the divestment came amid plans to sell stakes in entities in which the bank does not participate in management […]<\/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":[576,72,7128,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621200","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-banque-misr","tag-enterpriseam","tag-ma-watch","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"a3d41dc2-6ef3-49bd-8c3f-49010d3af90a","order":"0","is_powered_by":true,"section_story_id":"7cd75582-c6fd-4453-b56a-5b28eb78676e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[621191],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s Banque Misr sells 2% stake in Saudi\u2019s Samba - 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\/2018\/11\/01\/egypts-banque-misr-sells-2-stake-in-saudis-samba\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s Banque Misr sells 2% stake in Saudi\u2019s Samba\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Banque Misr has sold its 2% stake in Saudi Arabia\u2019s Samba Financial Group for USD 370 mn, Vice Chairman Akef El Maghraby told Reuters, without naming the buyer. El Maghraby told Sky News that the divestment came amid plans to sell stakes in entities in which the bank does not participate in management […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/01\/egypts-banque-misr-sells-2-stake-in-saudis-samba\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-01T04:14:13+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\/2018\/11\/01\/egypts-banque-misr-sells-2-stake-in-saudis-samba\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/01\/egypts-banque-misr-sells-2-stake-in-saudis-samba\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s Banque Misr sells 2% stake in Saudi\u2019s Samba\",\"datePublished\":\"2018-11-01T04:14:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/01\/egypts-banque-misr-sells-2-stake-in-saudis-samba\/\"},\"wordCount\":87,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Banque Misr\",\"EnterpriseAM\",\"M&A Watch\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/01\/egypts-banque-misr-sells-2-stake-in-saudis-samba\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/01\/egypts-banque-misr-sells-2-stake-in-saudis-samba\/\",\"name\":\"Egypt\u2019s Banque Misr sells 2% stake in Saudi\u2019s Samba - 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The bank has already received regulatory approval from the Somali Central Bank to establish a representative office in Mogadishu, and\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560929,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/misr-capital-wont-merge-with-ci-capital-for-now\/","url_meta":{"origin":621200,"position":2},"title":"Misr Capital won\u2019t merge with CI Capital (for now)","author":"enterpriseam admin","date":"18 March 2021","format":false,"excerpt":"Banque Misr is likely keeping its investment arm, Misr Capital, separate from CI Capital, in which it now holds a 90% stake, Deputy Chairman Akef El Maghraby told Al Arabiya yesterday. 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Elbehery was previously the bank\u2019s head of SMEs, microfinance and Islamic banking \u2014 a position that will now be filled\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558503,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/15\/banque-misr-eyeing-green-bonds-ci-capital-misr-capital-integration\/","url_meta":{"origin":621200,"position":4},"title":"Banque Misr eyeing green bonds, CI Capital + Misr Capital integration?","author":"enterpriseam admin","date":"15 August 2021","format":false,"excerpt":"Banque Misr green bond issuance in the works? Banque Misr could soon be following the likes of CIB and the Finance Ministry by issuing its very own green bonds to investors, according to Al Mal. 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