Etisalat Misr is negotiating with banks over a EGP6bn loan that will be used for future network expansions and upgrades. According to banking sources, a consortium of Emirati banks operating in Egypt will participate in the transaction. According to the source, the participating banks include: Emirates NBD, National Bank of Abu Dhabi (NBAD) and Union National Bank (UNB). Etisalat Misr had announced that it plans to invest EGP10bn-EGP12bn within the coming five years. (Al Shorouk) Union National Bank (UNB): AED3.40 as of 12 June 2016, Rating: Neutral, FV: AED3.80 per share, MCap: USD2,549 million, UNB UH / UNB.AD National Bank of Abu Dhabi (NBAD): AED8.06 as of 12 June 2016, Rating: Neutral, FV: AED9.00 per share, MCap: USD11,442 million, NBAD UH / NBAD.AD Emirates NBD (DU): AED8.30 as of 12 June 2016, Rating: Buy, FV: AED10.00 per share, MCap: USD12,569 million, EMIRATES UH / ENBD.DU