Bahrain's GFH banks says it may merge with Dubai's Shuaa Capital
Bahrain's GFH Financial Group may merge with Dubai-based Shuaa Capital , GFH said on Tuesday, confirming market speculation that sent…
Mergers & Acquisitions
1364 articles found
GFH clarifies market speculation on a merger with SHUAA Capital
SHUAA Capital’s stock price recorded an 18 per cent surge earlier this week on the back of a news report…
FGB, NBAD approve 2017 budget for merged entity
The board of directors of the new bank that will result from the merger of National Bank of Abu Dhabi…
Shuaa-GFH merger would create diverse Gulf financial conglomerate
A merger of Dubai's Shuaa Capital and Bahrain's GFH Financial would form a diverse conglomerate with a market capitalisation of…
Shuaa Capital to Acquire Two Financial Firms
Shuaa Capital, headquartered in UAE, is to acquire two financial firms: Integrated Capital and Integrated Securities. The acquisition still…
UAE bank sector assets at Dh2.6 trillion, tops in GCC
The UAE's banking sector topped the GCC region in terms of asset volume, with a total value of about $711…
No mergers likely in UAE’s Islamic banking industry
Noor Bank chief executive officer Hussain Al Qemzi has ruled out possibilities of any possible mergers in the UAE’s Islamic…
UAE's Mubadala completes deal to take 20 pct stake in Investcorp's parent
Bahrain-based Investcorp said on Sunday Abu Dhabi state investment fund Mubadala Development had completed a deal to acquire a 20…
Canadian financial giant aims to build Middle East business
Canadian financial services group Canaccord Genuity's aims to double the contributions to its investment banking business from the Middle East…
Saudi insurance firms are ready for consolidation
The Saudi Arabian insurance market is likely to experience consolidation this year as lacklustre industry growth on account of a…
UAE bank boss refutes claims of 2,000 job losses in merger
First Gulf Bank chief executive officer Andre Sayegh on Tuesday said its merger with the National Bank of Abu Dhabi…
M&A in UAE: FGB, NBAD merger will lead to stronger financial institution
The merger of First Gulf Bank with National Bank of Abu Dhabi will lead to a stronger financial institution that…