The impact consolidation will have on Abu Dhabi's banking sector
Planned mergers are set to create a more consolidated and robust banking sector in Abu Dhabi, strengthening its position as…
Mergers & Acquisitions
1364 articles found
Finansbank Had Acquired by Qatar National Bank in 2016
Qatar National Bank had agreed to acquire the Turkish unit of National Bank of Greece for a price of 2.75…
Bahrain's Bank ABC aims to expand footprint in Mena with acquisitions
Bahrain’s Bank ABC is looking for merger and acquisition opportunities across the Middle East and North Africa to expand its…
Kuwaiti Islamic banks acquire 38% market share of banks’ assets
Kuwaiti Islamic banks had a market share accounting for 38% of total banking system assets by the end of the…
Saudi Arabia’s central bank governor ‘does not see more bank mergers’
Saudi Arabia’s central bank does not see more bank mergers for the time being beyond those already announced, its governor…
Africa Israel Deal Close as Bondholders Accept Offer
After 18 months of negotiations between Africa Israel Investment bondholders and Moti Ben-Moshe, a deal to acquire control of the…
Bahrain bank joins hands with Intellect to digitise business
City-based Intellect Design Arena Ltd, a financial technology product company, has been selected by BBK, one of the Bahrain's leading…
Kuwait emerges as second largest M&A target market in GCC
The Investment Banking Department at Kuwait Financial Centre “Markaz” said Kuwait has emerged as the second largest M&A target market…
Merging Qatar banks to cut more than 150 jobs, Barwa boss to be CEO
Qatar’s Barwa Bank and the International Bank of Qatar (IBQ), which last year agreed to merge, plan to cut more…
Merging Qatar banks to cut more than 150 jobs, Barwa boss to be CEO – sources
Qatar’s Barwa Bank and the International Bank of Qatar (IBQ), which last year agreed to merge, plan to cut more…
ENBD Reit earmarks $65m for property acquisitions in 2019
ENBD Reit, the Sharia-compliant real estate investment trust managed by Emirates NBD Asset Management, has earmarked $65 million for acquisitions…
Mena M&A deal value up 69pc to $27bn in 2018
The Mena region experienced a significant spike in deal value during 2018, reaching $26.76 billion, compared with $15.86 billion in…