Alawwal & SABB fully integrate in historic bank merger
SABB and Alawwal bank completed their historic merger on March 14, with all products and services now combined for all…
Mergers & Acquisitions
1364 articles found
GCC banks brace for new wave of mergers after ‘triple shock’ to profitability
The GCC banking sector is bracing for a second wave of mergers and acquisitions (M&A) after suffering a triple shock…
Alawwal Bank, SABB merger targeted to complete on March 14
The full integration of Alawwal Bank and Saudi British Bank is targeted to complete on 14 March 2021. Hence,…
Middle East M&A deals buck downward global trend
Dealmakers in the Middle East adapted quickly to pandemic as merger and acquisition activity edged higher, Al Arabiya reported, citing…
First Abu Dhabi Bank’s Acquisition of Bank Audi Sae
Bank Audi sal, a Lebanon-based universal bank and financial services company headquartered in Beirut, executed the sale of its Egyptian…
Dubai-listed Emaar Properties and Emaar Malls announce merger plans
Emaar Properties and Emaar Malls – both listed on Dubai Financial Market (DFM) – jointly announced plans for an all…
Sharjah sells $1.25 billion in bonds
The Emirate of Sharjah launched $1.25 billion in two-tranche bonds of 12- and 30-year paper on Wednesday, a document from…
SS&C Intralinks Sees Continued Strength in Mergers & Acquisitions Activity through Q2 2021
SS&C Technologies Holdings has introduced results from the Q2 2021 issue of the SS&C Intralinks Deal Flow Predictor, an indicator…
Saudi National Bank, the Kingdom’s new national champion in banking
Saudi National Bank officially came into the world this week, with the formal approval by shareholders of the merger between…
Gulf Islamic Investments announces €250 Million acquisition of state-of-the-art office towers in Paris
-The acquisition places Gulf Islamic Investments on track to achieving a total AUM of $3 billion by end of 2021 …
Bahrain's Investcorp acquires US-based KSM Consulting
Investcorp, a global asset management company headquartered in Bahrain, has acquired a majority stake in KSM Consulting – a tech…
Shareholders approve new mega-bank – Saudi National Bank to launch on April 1
One of the biggest banking entities in the Middle East is being launched, with Saudi Arabia's National Commercial Bank (NCB)…