Emirates Islamic teams up with emaratech for online government payments
Emirates Islamic, has partnered with emaratech, a leading online technology solutions and consulting company in the Arab world to enable…
Mergers & Acquisitions
1364 articles found
Aramco’s board to meet to approve SABIC bond plan
Saudi Aramco’s board is set to meet this week in Saudi Arabia where it will approve a bond issuance plan…
M&A among strategies in GCC banking sector to enlarge benefits
Mergers and acquisitions are one of the widely adopted corporate strategies that endorse the growth of an organization; however, not…
The ADCB-UNB merger is set for May 1
Shareholders of Union National Bank will be issued new ADCB shares on May 1 or the next business day. …
Preparing for a Tsunami of M&A in the Global Financial Services Industry
It is generally accepted that there are many countries around the world that are currently over-banked—the United States, parts of…
EFG Hermes advising on $500m M&A deal in Saudi Arabia, more in pipeline
Egypt’s EFG Hermes is working on a $500m merger and acquisition in Saudi Arabia and expects more deals to come…
Saudi ATM Provider to Use Blockchain for Enhanced Security
The Largest ATM service provider in Saudi Arabia has partnered with blockchain identity firm ShoCard for enhanced security of ATM…
KAMCO and Global take the first steps to conclude the largest merger in Kuwait's investment sector
Al-Suwaidi: Our goal is to become the preferred regional asset management and investment banking firm. This merger is another milestone…
Egyptian Bank EFG-Hermes Weighs South East Asian Acquisition
EFG-Hermes Holding SAE is considering an expansion into South East Asia as Egypt’s biggest investment bank seeks to grow in…
deVere CEO acquires UAE wealth adviser
Nigel Green, the chief executive of global wealth adviser deVere, has acquired Credence International, a UAE-based wealth management and Financial…
DenizBank's acquisition to be finalized soon
Dubai-based lender Emirates NBD will complete the takeover of Turkey's DenizBank in the first half of this year, DenizBank's current…
Gulf Takeover Binge Has Bahrain Opening Up to More Bank Mergers
Bahrain, once a Gulf finance hub, favors further consolidation among its banks, according to a top official and the head…