The bank "Emirates NBD" received approval from the Central Bank of Egypt for the purchase of 100% of the shares of BNP Paribas Egypt. This transaction will proceed after the completion of all necessary procedures and regulatory approvals.
In this regard, a representative of "Emirates NBD" stated: "We are pleased to receive approval from the Central Bank of Egypt for this investment deal. It will be an important step in strengthening our presence in the Egyptian market."
Moreover, this will allow "Emirates NBD" to offer a wider range of products and services to its clients, making them more accessible.
