Central Bank of Iraq approves UGH’s acquisition of Bank of Baghdad
Bahrain’s United Gulf Holding as secured Central Bank of Iraq’s approval to acquire a stake in Bank of Baghdad. …
Mergers & Acquisitions
1364 articles found
KFH 2019 net profit up 10.4pc to $824m
Kuwait Finance House (KFH), a leading financial institution in the region, has recorded a net profit of KD251 million ($824…
Boubyan Bank announces a successful offer for BLME Holdings plc
The offer will remain open for further acceptances until 1.00 p.m. (London time) on 19 February 2020 Boubyan Bank…
FAB confirms acquisition talks with Bank Audi-Egypt
First Abu Dhabi Bank confirmed on Thursday that it is in exclusive discussions with Bank Audi to acquire its fully-owned…
Australia's CIMIC expects to take $1.8bn hit on Middle East exit
Australian contracting group Cimic is exiting the Middle East, a move which it says, could result in an A$1.8 billion…
Alizz-OAB merger to provide customers with better services
The upcoming proposed merger between Alizz Islamic Bank and Oman Arab Bank will provide customers with better services and more…
Dubai Islamic Bank completes the acquisition of Noor Bank
Dubai Islamic Bank has completed the acquisition of Noor Bank through a share swap deal. As part of the agreement,…
KFH on the acquisition of Ahli United Bank
Kuwait Finance House has convened the ordinary and extraordinary general assembly meeting at Sheraton hotel with a 79.156% quorum, followed…
Alizz Islamic Bank approves share swap for proposed merger with OAB
Alizz Islamic Bank’s Board of Directors has approved a share swap ratio for its proposed merger with Oman Arab Bank.…
Kuwait Finance House (KFH) press release on the acquisition of Ahli United Bank B.S.C.
Kuwait Finance House had convened the ordinary and extraordinary general assembly meeting at Sheraton hotel with a 79.156% quorum, followed…
Oman Arab Bank's gets nod from Alizz board to proceed with merger
The board of Al Izz Islamic Bank, a Muscat listed Sharia-compliant lender, approved a share swap ratio for its merger…
Dubai's Noor Bank CEO to leave amid merger with DIB: sources
The chief executive of Dubai’s Noor Bank is leaving the bank, which is being acquired by Dubai Islamic Bank DISB.DU,…