S&P revises Saudi's SFG, NCB outlooks to positive on planned merger
Credit agency S&P said on Thursday it had revised to positive the outlooks for Samba Financial Group (SFG) and National…
Mergers & Acquisitions
1364 articles found
Middle East M&A activity records slow growth during H2-2020
Mergers and acquisitions (M&A) deal-making in the Middle East was slower in 2020 compared to 2019. There were 220…
National Commercial Bank issues board circular for planned merger with Samba
National Commercial Bank (NCB) issued today, Feb. 9, a circular addressed to its shareholders with respect to the planned merger…
Shareholders to vote on Saudi's NCB and Samba merger next month
Shareholders in both National Commercial Bank (NCB) and Samba Financial Group (Samba) are to vote on the merger of the…
Qatar banks headed for more mergers
Qatar's overbanked system could see more consolidation triggered by pressure on banks' profitability from the coronavirus pandemic according to Fitch…
Qatar First Bank acquires '“Huntsman International' HQ in Texas
Qatar First Bank has completed the acquisition of Waterway Plaza I, a class A+ office tower spanning more than 223,0000…
Faisal Islamic Bank obtains Mastercard license through Network International partnership
Faisal Islamic Bank in partnership with Network International, the leading enabler of digital commerce across Africa and the Middle East…
Qatari banks could see more consolidation
Qatar's overbanked system could see more consolidation triggered by pressure on banks' profitability from the coronavirus pandemic, particularly those with…
Abu Dhabi pension fund to acquire 31% stake in ADNOC property vehicle for $900mln
Abu Dhabi National Oil Company (ADNOC) said Tuesday that Abu Dhabi Pension Fund would acquire 31 percent of the energy…
Middle East M&A activity understandably slowed down during H2 2020
With the world being in the state is in in right now, especially after 12 months of uncertainty thanks to…
Al Khaliji's merger with Masraf Al Rayan neutral to IDRs
Fitch Ratings expects has recently announced merger of Al Khalij Commercial Bank with Masraf Al Rayan to be neutral to…
Central Bank of UAE begins procedures to execute Insurance Authority merger
The Central Bank of the UAE (CBUAE) announced the commencement of operational procedures aimed at assuming the supervisory and regulatory…