Emirates NBD To Acquire HSBC Egypt Retail Banking Business, HSBC Expects $300 Million Gain
Emirates NBD Egypt has signed a definitive agreement to acquire HSBC Egypt’s retail banking business, including branches, ATMs, customers, and employees, subject to regulatory approvals.
UAE Stock Markets Rally on Strong Banking Earnings Despite Regional Volatility
Dubai and Abu Dhabi markets closed higher as record first-quarter profits from Emirates NBD and ADCB bolstered investor sentiment amid geopolitical uncertainty.