Middle East to lift emerging market sovereign debt this year, Morgan Stanley says
Sales of hard currency debt issued by developing nations should bounce back this year after a torrid 2018 for emerging…
Mergers & Acquisitions
1364 articles found
Saudis, Chinese Eyeing Tajikistan’s Biggest Bank: Reports
Tajikistan’s largest bank, the Finance Ministry-owned Tojiksodirotbank, was in talks with several potential buyers, including a Saudi group that made…
Saudis Seek Advisers for Major Bank Merger
National Commercial Bank and Riyad Bank are seeking advisers for a potential merger that would create the Gulf region’s third-biggest…
New wave of consolidation in the offing around the GCC
We are entering the year 2019, with two mergers in Saudi Arabia (SABB and Alawwal; NCB and Riyad), a three-way…
GCC banks and regulators see new opportunities in mergers
Once a taboo in the GCC bank boardrooms, the option of a merger has become more acceptable, thanks to the…
Saudi Arabia's biggest lender NCB in merger talks with rival Riyad Bank
National Commercial Bank, the biggest lender by assets in Saudi Arabia, is in preliminary talks to merge with rival Riyad…
Bank of Sharjah open to mergers
The Bank of Sharjah is open to mergers as the consolidation trend in the UAE's banking sector is set to…
Barwa Bank EGM approves proposed merger with IBQ
Barwa Bank’s extraordinary general meeting has approved the proposed merger with International Bank of Qatar (IBQ). The extraordinary meeting…
Abu Dhabi's bank merger to result in 1,000 job cuts
A proposed three-way bank merger in Abu Dhabi may lead to about a thousand jobs being cut, according to three…
Iraqi trade bank reportedly intends to acquire a Turkish lender
The state-run Trade Bank of Iraq announced its will to acquire a bank in Turkey, stating that the acquisition would…
Shuaa Capital begins consolidation after buying Kuwait’s Amwal
The Dubai-based financial services firm Shuaa Capital has started “consolidation efforts” following its acquisition of the Kuwait-based Amwal International Investment…
Trade Bank of Iraq looking to acquire a Turkish lender
State-owned Trade Bank of Iraq, which has about $20 billion (Dh73.46bn) in assets and focuses on trade finance, is looking…