Monday , 24 August 2026

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Emirates NBD to acquire retail banking business of HSBC Egypt

CAIRO / WAM Emirates NBD Egypt S.A.E., a 100% owned subsidiary of Emirates NBD Bank (P.J.S.C.), today announced that it has entered into definitive agreements to acquire the retail banking business of HSBC Bank Egypt S.A.E., an indirect subsidiary of HSBC Holdings PLC. The transaction remains subject to regulatory approvals and closing conditions. As part of the transaction, Emirates NBD …

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Dubai public transport records 348 million riders in H1

DUBAI / WAM Dubai’s public transport network, shared mobility services and taxis carried around 348.1 million riders during the first half of 2026, with average daily ridership reaching nearly 1.9 million, according to the Roads and Transport Authority (RTA). The figures cover Dubai Metro, Dubai Tram, public buses, marine transport, taxis and shared mobility services, including app-based vehicles, hourly rentals …

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