Emirates NBD to buy Turkey's Denizbank for $2.75 billion
Dubai's biggest bank entered into a revised deal to buy Turkey's Denizbank AS after the lira slumped and economic growth…
Mergers & Acquisitions
1364 articles found
KFH notifies CPA of efforts to agree on ‘acquisition’ of AUB
The Kuwait Finance House has recently notified the Competition Protection Authority (CPA) of its efforts to agree on the acquisition…
Saudi Aramco to buy $69 billion Sabic stake in biggest ever Middle East deal
Saudi Aramco will buy a majority stake in Saudi Basic Industries Corp. from the kingdom’s sovereign wealth fund as the…
Mourant advises on energy takeover
Leading global offshore law firm, Mourant, has advised Kuwait Energy plc in relation to its acquisition by Gold Cheers Corporation…
Qatar resists bank merger
Deutsche Bank is facing resistance from top Qatari shareholders to its planned merger with Commerzbank. The investors are concerned…
Al Hilal Bank cuts 160 jobs ahead of three-way merger
Abu Dhabi’s Al Hilal Bank has laid off 160 people ahead of a three-way merger with Abu Dhabi Commercial Bank…
GBM and Banfico partner to support Bahrain's efforts for a more digitalized financial sector
With the introduction of new regulations by the Central Bank of Bahrain, mandating banks to comply with Open Banking standards,…
Statement from SHUAA Capital regarding possibility of a merger with Abu Dhabi Financial Group
SHUAA Capital psc and Abu Dhabi Financial Group LLC have commenced discussions regarding the possibility of a merger of the…
ADCB and UNB shareholders greenlight mega-merger
Shareholders of Abu Dhabi Commercial Bank and Union National Bank have given their approval for a merger of the two…
Fervour over Gulf banks merger is warranted
Although merger among Gulf banks is not a new phenomenon, such moves have accelerated to include some of the larger…
Gulf Bank partners with Dell to drive regional innovations
Gulf Bank, yesterday announced their strategic agreement with Dell Technologies for a digitally transformative project. Taking significant steps towards…
Commercial Bank joins international blockchain collective
Commercial Bank has become the first bank in Qatar to join enterprise software firm R3’s collaborative initiative to develop innovative…