{"id":647141,"date":"2017-05-03T03:57:30","date_gmt":"2017-05-03T03:57:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/attijariwafa-completes-acquisition-of-barclays-egypt\/"},"modified":"2017-05-03T03:57:30","modified_gmt":"2017-05-03T03:57:30","slug":"attijariwafa-completes-acquisition-of-barclays-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/attijariwafa-completes-acquisition-of-barclays-egypt\/","title":{"rendered":"Attijariwafa completes acquisition of Barclays Egypt"},"content":{"rendered":"

<\/a> M&A WATCH-<\/strong> Morocco\u2019s Attijariwafa Bank<\/strong> completed its acquisition of 100% of Barclays <\/strong>Bank Egypt<\/strong> yesterday for c. USD 495 mn, according to an EGX release (tap here for the pdf<\/a>). The nearly EGP 9 bn transaction took place over the counter following approval from the central bank, Al Masry Al Youm<\/a> reports.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- Morocco\u2019s Attijariwafa Bank completed its acquisition of 100% of Barclays Bank Egypt yesterday for c. USD 495 mn, according to an EGX release (tap here for the pdf). The nearly EGP 9 bn transaction took place over the counter following approval from the central bank, Al Masry Al Youm reports.<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647141","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9e995d8c-b330-4f2d-a206-b2068f28c1da","order":"0","is_powered_by":true,"section_story_id":"18ca8fb3-3d23-4cd4-9e1a-87bd77ac0907","story_type":"1","photo_url":"","photo_position":"above","related_issue":[647127],"teaser":"","voice_url":""},"yoast_head":"\nAttijariwafa completes acquisition of Barclays Egypt - 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\/2017\/05\/03\/attijariwafa-completes-acquisition-of-barclays-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Attijariwafa completes acquisition of Barclays Egypt\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- Morocco\u2019s Attijariwafa Bank completed its acquisition of 100% of Barclays Bank Egypt yesterday for c. USD 495 mn, according to an EGX release (tap here for the pdf). The nearly EGP 9 bn transaction took place over the counter following approval from the central bank, Al Masry Al Youm reports.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/attijariwafa-completes-acquisition-of-barclays-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-03T03:57:30+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\/2017\/05\/03\/attijariwafa-completes-acquisition-of-barclays-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/attijariwafa-completes-acquisition-of-barclays-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Attijariwafa completes acquisition of Barclays Egypt\",\"datePublished\":\"2017-05-03T03:57:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/attijariwafa-completes-acquisition-of-barclays-egypt\/\"},\"wordCount\":57,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/attijariwafa-completes-acquisition-of-barclays-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/attijariwafa-completes-acquisition-of-barclays-egypt\/\",\"name\":\"Attijariwafa completes acquisition of Barclays Egypt - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-05-03T03:57:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/attijariwafa-completes-acquisition-of-barclays-egypt\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/attijariwafa-completes-acquisition-of-barclays-egypt\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/attijariwafa-completes-acquisition-of-barclays-egypt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Attijariwafa completes acquisition of Barclays Egypt\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Attijariwafa completes acquisition of Barclays Egypt - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/attijariwafa-completes-acquisition-of-barclays-egypt\/","og_locale":"en_US","og_type":"article","og_title":"Attijariwafa completes acquisition of Barclays Egypt","og_description":"M&A WATCH- Morocco\u2019s Attijariwafa Bank completed its acquisition of 100% of Barclays Bank Egypt yesterday for c. 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Completing the payment was delayed as Attijariwafa awaited regulatory approvals in Morocco. Sources said the acquisition will be finalized within weeks of the transaction.","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594272,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/24\/moroccos-attijariwafa-receives-approval-for-insurance-arm-license-in-egypt\/","url_meta":{"origin":647141,"position":1},"title":"Morocco's Attijariwafa receives approval for insurance arm license in Egypt","author":"enterpriseam admin","date":"24 October 2019","format":false,"excerpt":"Attijariwafa gets green light for insurance arm: Attijariwafa Bank has received preliminary approval from the Financial Regulatory Authority for a license to set up an insurance arm, according to a local press report. The company is the first to submit a license request since the authority finalized on 13 October\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":636934,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/05\/barclays-officially-becomes-attijariwafa-bank\/","url_meta":{"origin":647141,"position":2},"title":"Barclays officially becomes Attijariwafa Bank","author":"enterpriseam admin","date":"5 November 2017","format":false,"excerpt":"Fifty-five former Barclays outlets in Egypt were rebranded to Attijariwafa Bank Egypt as of 3 November,the Moroccan lender announced in a statement (pdf). Attijariwafa had bought Barclays Egypt\u2019s operations last year in a USD 400-500 mn transaction. The bank plans to commence a five-year strategy that should see it grow\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":647306,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/08\/attijariwafa-looking-to-set-its-five-year-strategy-in-egypt-considers-providing-insurance\/","url_meta":{"origin":647141,"position":3},"title":"Attijariwafa looking to set its five-year strategy in Egypt, considers providing insurance","author":"enterpriseam admin","date":"8 May 2017","format":false,"excerpt":"Morocco\u2019s Attijariwafa Bank won\u2019t IPO its Egyptian subsidiary, eyes 5% market share within five years: Announcing the close of the lender\u2019s acquisition of Barclays Bank Egypt, Attijariwafa CEO Mohamed El Kettani said he has ruled out listing Attijari Bank Egypt\u2019s shares on the EGX. El Kettani said the bank is\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":568895,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/06\/agricultural-bank-of-egypt-names-veteran-banker-alaa-farouk-as-chairman\/","url_meta":{"origin":647141,"position":4},"title":"Agricultural Bank of Egypt names veteran banker Alaa Farouk as chairman","author":"enterpriseam admin","date":"6 February 2020","format":false,"excerpt":"MOVES- National Bank of Egypt (NBE) retail CEO Alaa Farouk (LinkedIn) was reportedly tapped as chairman of the Agricultural Bank of Egypt, and will take on his new role within days, Masrawy reports, citing industry sources. The veteran banker has been NBE\u2019s retail boss since August 2018. He joined NBE\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":641360,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/barclays-getting-a-name-change-to-attijariwafa-egypt\/","url_meta":{"origin":647141,"position":5},"title":"Barclays getting a name change to Attijariwafa Egypt","author":"enterpriseam admin","date":"19 September 2017","format":false,"excerpt":"Barclays outlets in Egypt be rebranded Attijariwafa Egypt in November, according to Al Borsa. Morocco\u2019s Attijariwafa bought Barclays Egypt operations last year in a transaction worth between USD 400-500 mn.","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=647141"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647141\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/647127"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=647141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=647141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=647141"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=647141"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=647141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}