Ahmed Kamel – Egypt Daily News Egypt News HSBC Bank Egypt has signed a definitive agreement to sell its retail banking business to Emirates NBD Egypt for an undisclosed amount. HSBC Holdings announced that the transaction is projected to generate an estimated pre-tax gain of approximately 300 million dollars. The planned divestment marks the British [...] The post HSBC to Exit Egypt Retail Banking Segment via Comprehensive Sale Agreement with Emirates NBD first appeared on Egypt Daily News - Egypt News .
