Islamic Finance
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Abu Dhabi Islamic Bank increases stake in its Egyptian unit to more than 52%
Abu Dhabi Islamic Bank (ADIB), the emirate’s biggest sharia-compliant lender, has bought additional shares in its Egyptian subsidiary to boost its stake in the lender to more than 52 per cent. The UAE bank purchased 9.6 million shares from National Investment Bank, representing 2.4 per cent of ADIB Egypt's share…
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Click here to read the full story: The National News