Bank al Etihad signs MoU for Abu Dhabi bank with EIH and UAE investors
AI Summary- Bank al Etihad signed an MoU with EIH and UAE investors to establish an Abu Dhabi bank.
- Category 1 licensing would support regional and international clients outside the UAE mainland.
- Bank al Etihad expanded into Iraq in 2024 and merged with INVESTBANK in 2025.