Dubai – Mubasher: Emirates Investment Bank (EIBank) is planning to start 10 fresh investments during 2018 in many fields stretching from healthcare to education, and information technology sectors.
Among the projected investments are offering financial consultancy for acquisitions and mergers, along with selling and buying transactions, bank CEO Khaled Sifri told Al Bayan newspaper on Monday.
The UAE-based bank acquired a hospital in Saudi Arabia in January, and is planning to close more takeover deals in the Saudi, Emirati, and Kuwaiti healthcare sectors, Sifri added.
EIBank is considering a slew of transactions in the information technology sector, the CEO remarked.
Based on the Arab world, EIBank is mainly a regionally-focused institution, Sifri said, noting that the bank is in talks with various parties for the listing on either the Dubai Financial Market (DFM) or on the Abu Dhabi Securities Exchange (ADX).
