WIRE — Emirates NBD Egypt S.A.E. has entered into definitive agreements to acquire the retail banking business of HSBC Bank Egypt S.A.E. in a transaction expected to generate an estimated pre-tax gain of approximately $0.3bn for the HSBC Group. The deal, expected to complete in the second half of 2027 subject to regulatory approvals, encompasses HSBC Egypt's The post Emirates NBD to buy HSBC Egypt retail business; HSBC expects $0.3bn gain first appeared on Dailynewsegypt.
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