Wednesday , 23 September 2026

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DMT, Abu Dhabi Housing Authority increase building area for Shuwaib National Housing Project

ABU DHABI / WAM The Department of Municipalities and Transport (DMT) and Abu Dhabi Housing Authority have increased the maximum gross floor area permitted for construction within the Shuwaib National Housing Project to 900 square metres. The move is intended to address the evolving needs of Emirati households in line with the Year of Family’s objectives. The decision forms part …

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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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