Published: Sep 17, 2014
Source: Emirates 24|7

News

Email this story Print this page zoomin zoomout

Mashreq say open to invest in Egypt and Turkey

Al Ghurair says not interested in StanChart UAE assets

Dubai lender Mashreq has no interest in purchasing assets of Standard Chartered in the United Arab Emirates, but is open to acquisitions in Egypt and Turkey, its chief executive told Reuters on Wednesday.

The British bank is aiming to sell part of its business in the UAE after it agreed to close some accounts there in an anti-money laundering settlement with authorities in the United States, sources told Reuters last month. By Reuters. Read more>>>

 

© Copyright - Emirates 24|7
comments powered by Disqus

Middle East Stock Markets

Index Last Change %Change
TASI 7,130.34 +36.68 0.52%
ADI 4,261.86 -46.91 -1.09%
DFMGI 3,417.05 +56.14 1.67%
QE 10,010.27 +96.52 0.97%
KSE 5,554.90 -14.10 -0.25%
MSM30... 5,610.020 +19.860 0.36%
ASE... 2,169.52 +4.93 0.23%

Recent Analyst Actions  >>

or
Company Price Opinion
DXB Entertainments 1.90 Buy
Abdullah Al Othaim Markets 125.60 Overweight
Bupa Arabia for Cooperative 137.60 Overweight
Abdul Mohsen Al-Hokair Group 40.50 Overweight
Saudi Telecom Co. 68.90 Overweight

Markets Today Quick Links

×

Get all the latest updates about the GCC & Global Markets directly to your email