Emirates NBD denies interest in Barclays’ Egyptian unit

Dubai-Mubasher: Emirates NBD said it has no “critical information” to be disclosed regarding what has been published in the news about its attempt to purchase Barclays’ Egyptian unit, according to a statement.

Barclays has begun a formal process to sell its Egyptian branch, sources familiar with the matter said early August, adding that at least Emirates NBD and Morocco’s Attijariwafa Bank expressed interest in the business.

Mubasher Contribution Time: 07-Aug-2016 09:11 (GMT)
Mubasher Last Update Time: 07-Aug-2016 09:11 (GMT)