News

Cairo – First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, has announced the launch of its newest corporate online banking channel, "FABMISR E-Connect,” designed ...
This follows FAB’s recent definitive agreement to buy 100% of Bank Audi Egypt, including its local custody franchise, which will supplement FAB’s custody services expansion in Egypt.
Post-acquisition, FAB will be one of the largest foreign banks in Egypt by total assets with pro-forma total assets of more than EGP 120 billion ($8.1 billion).
Tatweer Misr, a leading real estate developer, has signed an agreement with First Abu Dhabi Bank (FAB), Egypt branches , to offer mortgage facilities at competitive interest rates, and payment lasting ...
Dubai: The UAE’s biggest bank – FAB – rang up a 23% gain in Q1-2025 net profit from a year ago, to total Dh5.13 billion. The operating income for the first three months was Dh8.81 billion ...
As part of the reorganisation, FAB is set to hire Citi dealmaking veteran Linos Lekkas as its new head of investment banking, the sources said.
She further added that the settlement between Lakah and Misr Bank will no longer hold if Lakah fails to pay the second installement for two consecutive times. This is stipulated in the bank’s ...