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First Abu Dhabi Bank (FAB)

Legal merger between FAB and Audi – Egypt concluded

First Abu Dhabi Bank (FAB) announced the end of a legal merger process with Bank Audi – Egypt in a Facebook post on Saturday.
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UAE’s First Abu Dhabi Bank withdraws its bid to buy for Egypt’s EFG Hermes

First Abu Dhabi Bank (FAB), the UAE’s biggest lender by assets, withdrew its offer to acquire a majority stake in Egypt’s biggest investment bank EFG Hermes, citing global market volatility in the…
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First Abu Dhabi Bank (FAB) eyes GB Lease acquisition

First Abu Dhabi Bank (FAB) is in advanced talks with GB Auto to acquire 100% of its leasing arm GB Lease, according to Al Shorouk reported Saturday citing sources familiar with the discussions.
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FAB makes a play for acquiring a majority stake in EFG Hermes

Egyptian Financial Group Hermes Holding (EFG Hermes) has received a non-binding initial offer for First Abu Dhabi Bank (FAB) to acquire a majority stake in the company's issued capital.
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First Abu Dhabi Bank Participates in the 7th CEOs Thoughts Conference

First Abu Dhabi Bank participated in the 7th CEOs Thoughts Conference in the presence of Hisham Tawfik, Minister of the Public Business Sector and Mohamed Farid, Chairman of the Egyptian Stock…
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Sky Abu Dhabi, FAB sign protocol for mortgage loans for Egyptian clients

Sky Abu Dhabi Developments, a subsidiary of the UAE-based Emirati Diamond Group, has signed a cooperation protocol with First Abu Dhabi Bank (FAB) to provide mortgage finance to customers.
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First Abu Dhabi Bank signs definitive deal to acquire Bank Audi’s Egyptian unit

First Abu Dhabi Bank (FAB) has signed a definitive agreement for the acquisition of 100 percent share in Bank Audi’s Egyptian subsidiary, the two banks announced in a joint statement on Wednesday.
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