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Bahrain’s Arab Financial Services expands business into Egypt

Bahrain-based Arab Financial Services (AFS) said Tuesday that it has expanded its regional footprint with the opening of a new office in Egypt as...

Bank ABC Egypt appoints new MD and CEO

Arab Banking Corporation (“Bank ABC”) announced today the appointment of Amr Tharwat as new MD and CEO of its Bank ABC Egypt franchise. The...

Bank ABC expands presence in Egyptian market by closing the acquisition of BLOM Bank...

Arab Banking Corporation (Bank ABC) today announced the completion of its acquisition of a 99.5% stake in BLOM Bank Egypt S.A.E. (BLOM Bank Egypt),...

Bank ABC enters agreement to acquire Blom Bank Egypt

Arab Banking Corporation (“Bank ABC”) announces that it has entered into an agreement with Blom Bank S.A.L. (“Blom Bank Lebanon”) on Friday 15 January...