Ibdar Bank acquires Boston office building
Bahrain-based wholesale Islamic Investment bank, Ibdar Bank has announced the acquisition of a prime office building in Boston, USA, currently…
Mergers & Acquisitions
1364 articles found
Gulf banks ‘ripe for consolidation’ following FAB deal
When Abu Dhabi’s two biggest banks announced their $29bn “merger of equals” last year, the implications were more significant than…
MP questions minister on merger of KFH-Ahli United
MP Waleed Al-Tabtabaei has forwarded questions to Finance Minister Anas Al-Saleh about the merger of Kuwait Finance House and Ahli…
GoCompare makes first overseas investment in Middle East with Dubai-based comparison site
Price comparison site GoCompare has announced its first overseas investment with the acquisition of a stake in a Middle Eastern…
Exit planning and M&A priority for GCC businesses”: Expert
Specialist corporate finance firm Lumina Capital Advisers Ltd, which provides services related to M&A, equity capital, debt advisory and infrastructure…
Islamic banks and Takaful sectors likely to witness more mergers
The high-profile merger of National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) in the UAE last year…
JP Morgan, Sovereign Wealth Fund Raise €1.3 Billion Bond to Fund Naturgas Deal
A group led by JP Morgan Asset Management including sovereign wealth fund Abu Dhabi Investment Council has raised a €1.3…
Saudi Arabia's regulator set to ease share listing, M&A with new rules
Saudi Arabia plans to unveil regulations to make share listings easier and encourage mergers and acquisitions among publicly traded companies…
We will see more bank mergers in the GCC soon
More Islamic and conventional banks in the GCC are likely to merge in the coming future, according to an expert…
Waha Capital takes significant minority stake in leading fintech company Channel VAS
Channel VAS is a strong force in the fintech world, operating in over 25 emerging markets and providing micro finance…
Commercial Bank of Qatar in talks to sell United Arab Bank stake
Qatari's third-biggest lender, Commercial Bank, is in talks to sell its $217 million stake in Abu Dhabi-listed United Arab Bank,…
SaudNew round of GCC bank mergers in the offing
GCC's banking sector is expected to see a new round of mergers and acquisitions in the wake of the latest…