Monday , September 25 2017

Banking

ADCB launches regionally distinctive private banking

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Abu Dhabi / EMIRATES BUSINESS Abu Dhabi Commercial Bank (ADCB), announced the launch of “ADCB Private”, a new private banking proposition providing globally sophisticated banking and wealth management solutions for high-net-worth customers, delivered from the UAE. Wealthy clients in the region and the UAE have historically had to seek international banking ...

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Egypt’s CIB accepts billionaire Sawiris offer for CI Capital

Bloomberg Commercial International Bank Egypt SAE approved an offer by billionaire Naguib Sawiris’ Orascom Telecom Media And Technology Holding SAE to buy its investment-banking unit CI Capital. Orascom Telecom made a non-binding offer to buy CI Capital for 924 million Egyptian pounds ($118 million), Egypt’s biggest publicly-traded lender said in ...

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