UAE's largest bank and one of the world’s largest and safest financial institutions, First Abu Dhabi Bank (FAB), has decided to withdraw its billion-dollar bid for Egypt’s biggest investment bank EFG-Hermes. The decision was made "after careful consideration and in the context of ongoing global market uncertainty and volatile macro-economic conditions", according to a statement issued by the bank. The lender's decision comes just a day after Abu Dhabi wealth ...