Sovos acquires Foriba
Global tax software provider Sovos is to acquire Istanbul-based Foriba, a specialist in e-invoicing, e-delivery notes, e-receipts and periodic value-added…
Mergers & Acquisitions
1364 articles found
UAE’s Gulf Capital eyes acquisitions, plans new fund
Gulf Capital said on Monday it had bought a majority stake in health aesthetics firm Medica Holding and was looking…
Nearly $1trln GCC bank mergers under way
GCC banking sector is undergoing major consolidation phase with 20 banks negotiating mergers and acquisitions with an estimated $1 trillion…
ADNIC partners with FAB to offer customers new payment options
Abu Dhabi National Insurance Company has partnered with First Abu Dhabi Bank to provide customers with a new easy payment…
NBK Capital advises VIVA on acquisition of 100% of the capital of QualityNet
NBK Capital has announced that it has successfully advised VIVA on its acquisition of 100 percent of the capital of…
Buying distressed properties in UAE: What you need to know
Assets often become distressed because of the operational and financial difficulties faced by the owner or issuer of the assets,…
Goldman Sachs bought Commerzbank's claim in Saudi's biggest debt saga – sources
Goldman Sachs has bought a claim against The International Bank Corporation, a Bahraini bank whose default 10 years ago triggered…
Dubai Banks Are Said to Hire HSBC and Barclays for Merger Talks
Dubai Islamic Bank PJSC hired HSBC Holdings Plc to advise on its possible acquisition of smaller rival Noor Bank PJSC,…
Best Banks In The Middle East 2019: Sunny Outlook
A wave of mergers in the overbanked Middle East has cleared away some of the region’s excess banking capacity and…
Abu Dhabi's Gulf Capital, Waha Capital have held early merger talks -sources
Abu Dhabi investment firms Gulf Capital and Waha Capital have held exploratory discussions regarding a merger, three sources familiar with…
UAE’s Arqaam in merger talks with The National Investor
Dubai’s Arqaam Capital and Abu Dhabi-based The National Investor (TNI), are weighing a possible merger. Arqaam would have management…
Banks merge to create UAE's third largest lender
The third largest banking giant in the UAE with Dh423 billion in assets came into being on Wednesday following the…