Emirates NBD Bank PJSC (DFM:EMIRATESNBD) confirmed that it was in discussion with BLOM Bank SAL (BDB:BLBD) for potential acquisition of BLOM Bank Egypt S.A.E. “Due diligence is still ongoing and there is no certainty that any transaction will be completed”, the UAE lender said in a statement posted on the Dubai Financial Market. “Emirates NBD routinely evaluates potential opportunities in different markets and a further announcement will only be made if there is a material development”, said the statement.