Dubai-based Levant Capital and Citi Venture Capital International originally bought the stake in Al Raya in 2012 for $100 million.
The deal is a first in the region for TPG, which manages about $65 billion of capital according to its website.
Investor orders grew to over $1 billion, the leads said.
The bank’s retail lending growth is expected to slow to 25 per cent in 2015 from 36 per cent last year.
Saudi Arabia, Kuwait and the UAE gave Egypt more than $12 billion in aid after former President Mohamed Mursi was toppled in 2013.
The bank has not seen a major drop in lending approval rates since the establishment of the Credit Bureau, says Peter England.
Kingdom’s stake decreased from approximately 6.6 per cent ownership to roughly one per cent ownership.
The six-year revolving credit facility was lead arranged by First Gulf Bank and Abu Dhabi Commercial Bank.
Moody’s on Tuesday withdrew Shuaa’s ratings, citing Moody’s “own business reasons” without elaborating.
A country-level approach could help limit differences between products, speed the design of new products and boost investor confidence.
The bond, rated AA- by Standard and Poor’s and Fitch, will be listed on the London Stock Exchange.
Brent crude fell 0.7 per cent in Asian trade after surging almost six per cent on Tuesday.
An Etisalat-led consortium in 2005 bought a $2.6 billion stake in Pakistan Telecommunication Co but withheld $800 million because of some incomplete deal terms.
Massar will postpone the initial public offering (IPO) until oil prices are more stable, it said.
NBAD is the first official market maker in the Gulf region, the chief executive of Abu Dhabi Stock Exchange said.
Net profit for the full year of 2014 rose to QAR1.4 billion, up from QAR677 million the year before, it said in a statement.
The seasonally adjusted HSBC UAE Purchasing Managers’ Index was 59.3 points last month against 58.4 in December.
The seasonally adjusted SABB HSBC Saudi Arabia Purchasing Managers’ Index was 57.8 points in January against 57.9 in December.
Al Khaleej’s supply to Iraq was affected last summer as conflict in the country escalated with IS overrunning Mosul.
DFM’s full-year profit rose 167 per cent to Dhs759.3 million.
The rules clarify policyholders’ rights and setting investment limits for the sector.
The credit card offers users between three to seven per cent goldback on purchases made locally and internationally.
National Bank of Abu Dhabi will meet investors in Asia and Europe, it said.
Damac’s 2014 full-year profit was $937 million, up from $641.5 million in 2013, the company said.
The firm is best known in the global space for listing luxury goods brands, such as Gucci and Tiffany & Co, but has been increasingly branching out into other sectors.
The company added that the bonus paid to each staff member would not exceed SAR50,000.
The Bahrain-based company made a net income of $45.3 million in the second half of 2014.
The deal covers the Overseas Private Investment Corporation for its own insurance policy on the exploration projects of Houston-based Apache Corporation.
Al Noor’s confirmation comes after ADX chief said that most local firms listed in the London market had agreed to dual list in Abu Dhabi.
The Dubai benchmark jumped 4.5 per cent to close at 3,840 points, its biggest daily gain in six weeks.