Malaysia's MIDF said to mull merger with Saudi's Al Rajhi
Malaysian Industrial Development Finance, the state-backed lender, is exploring a combination with the local unit of Saudi Arabia’s Al Rajhi…
Mergers & Acquisitions
1364 articles found
First Abu Dhabi Bank goes live on Temenos T24 core system
First Abu Dhabi Bank (FAB), the entity created by the merger of First Gulf Bank (FGB) and National Bank of…
QCB not to interfere in local banks' merger talks: Governor
Qatar Central Bank will not “interfere” in the negotiations between local banks for their possible merger, said HE the QCB…
Egypt's EFG Hermes advising on four M&A deals expected in H1 2019
Egypt’s EFG Hermes investment bank is acting as an advisor on four merger and acquisition deals expected in the first…
Finablr acquires digital payments company TimesofMoney
Finablr, a global platform for Payments and Foreign Exchange solutions, has announced the acquisition of TimesofMoney, a digital payments solutions…
MENA M&A increases in 2018, but activity is forecast to be "subdued" in the year ahead
Mergers and acquisitions in the Middle East and North Africa doubled between 2017 and 2018, according to the latest report…
UAE lender UNB hires JPMorgan for merger talks: sources
Abu Dhabi lender Union National Bank has hired JPMorgan to advise on its merger talks with Abu Dhabi Commercial Bank…
Global concludes exit from Emirates Retakaful
Global Investment House has announced that its alternative asset management arm, Global Capital Management, has concluded a successful exit of…
Shuaa acquires 4.8pc stake in Ajman Bank
Shuaa Capital, a leading financial services firm in the UAE, said that it now holds a 4.8 per cent stake…
Investcorp floats biz to buy stakes in mid-size alternative asset managers
Gulf-based investment management firm Investcorp has a launched a new business to invest in mid-size alternative asset managers as it…
Bahrain signs key business deals with China
Bahrain has signed three strategic business partnerships with Hebei – an essential region of China’s economy – to explore opportunities…
CFA Institute and the Middle East Investor Relations Association sign an MoU
CFA Institute, the global association of investment management professionals, signed a Memorandum of Understanding (MoU) with the Middle East Investor…