Dubai-Mubasher: Emirates NBD said it has no critical information to disclose regarding the news published on its attempt to buy Barclays Egypt, according to a bourse statement.
The UAE-based bank addressed both the Central Bank of Egypt (CBE) and Barclays Group to allow it to conduct due diligence, in preparation for submitting the financial and technical offer necessary for the implementation of the procurement process, Bloomberg reported earlier.
By 1:30pm UAE time, Emirates NBD’s stock fell 0.6% after trading 81,400 shares through 13 transactions, with a turnover of AED 675,900.
