United Bank eyes acquiring up to 30% stake in 2 technology firms soon

Updated 2/21/2024 10:19:00 AM
United Bank eyes acquiring up to 30% stake in 2 technology firms soon

Arab Finance: The United Bank of Egypt is planning to acquire from 20% to 30% stake in two technology firms in the coming few months, the bank’s Chairman Ashraf El-Kady told Al Arabiya Business.

El-Kady did not disclose the names of the companies, yet he revealed that one of them is a fintech firm.

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