Standalone UAE Islamic banks unlikely to merge: analysts
Standalone Islamic banks in the United Arab Emirates are unlikely to merge among themselves while the overall banking sector moves…
Mergers & Acquisitions
1364 articles found
GCC bank mergers to ease capacity and boost profitability
Recent merger and acquisition activity among the GCC banks is beneficial for the sector as it will ease overcapacity and…
Gulf banks set to continue merger trend, says Moody's
A wave of mergers and acquisition activity among banks in the GCC will ultimately beneficial for the region’s banking sector…
German Bank of Qatar’s Al-Thani Family Working on Takeovers
The German bank of Qatar’s Al-Thani family plans to double its assets under management over the next five years. Its…
KG Group acquires stake in Dubai-based Virtue Properties
Virtue Properties has expanded its shareholder base with the inclusion of K. Gupta, the new chairman and Rohit Gupta, vice-chairman…
Riyad Bank selects Goldman to advise on merger talks with NCB
Saudi Arabia's Riyad Bank has chosen Goldman Sachs to advise on its merger talks with NCB. Saudi Arabia's sovereign…
Saudi's Riyad Bank picks Goldman to advise on talks with NCB: sources
Saudi Arabia’s Riyad Bank 1010.SE had chosen Goldman Sachs to advise on its merger talks with National Commercial Bank 1180.SE,…
Saudi bank Al Rajhi in merger talks for its Malaysian unit with another lender
Al Rajhi Bank, Saudi Arabia’s second-largest lender by assets, said it is in talks for a potential merger of its…
Largest Middle East banks: 2018 strength, 2019 M&As to accelerate
2018 is an excellent year for share price performance at the largest Middle East banks by market cap. As Douglas…
Why Gulf Banks Are Merging Like Never Before
Lenders in the Persian Gulf have been rapidly consolidating as they seek to stay competitive in an era of lower…
First Abu Dhabi Bank: Proving its worth
Success stories spawn imitators. Such is the case with First Abu Dhabi Bank (FAB), the large Emirati financial institution formed…
UAE bank bailout points to restructuring, mergers
SMALLER banks in the United Arab Emirates are facing regulatory pressure to merge after the fallout from a property downturn…