ADIB dismisses Al-Hilal merger talk as rumour
Abu Dhabi Islamic Bank, which bought Barclays PLC’s retail business in the UAE, dismissed reports that it may merge with…
Mergers & Acquisitions
1364 articles found
Proposed three-way merger would be beneficial for Qatari Banks
The merger is currently at due diligence stage and will be subject to approval by the relevant authorities and the…
Abu Dhabi’s new $125 billion sovereign fund takes shape
Abu Dhabi is close to finalizing the merger of two of its largest sovereign wealth funds—Mubadala Development Co. PJSC and…
UAE banks NBAD, FGB appoint second-tier management ahead of merger
National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) have picked the second level management team for the…
GFH reports 2016 financial results, makes new investments in emerging markets
GFH reports a major recoveries and a 20 per cent profit distribution as it plans to double shareholders equity with…
FGB – NBAD merger update
Led by the Integration Steering Committee and Integration Management Office, integration planning remains on schedule and the organisational structure is…
Dubai-based deVere Group buys private bank in the Caribbean
DeVere Group, a global financial advisory company, says it has expanded into private banking by buying St Lucia-based Arton Bank.…
Abu Dhabi merges sovereign wealth funds
Abu Dhabi has completed a $125 billion merger of sovereign wealth funds, as the emirate attempts to diversify investments away…
Qatar deals account for 33% of outbound Mideast M&As in 2016
Overseas acquisitions by Qatar accounted for 33% of outbound merger and acquisition in the Middle East during 2016, followed by…
Dubai's Abraaj to sell Entertainer stake, sees IPO for Careem – CEO
Abraaj Group, a Dubai-based private-equity firm, plans to offload its stake in discount voucher business The Entertainer this year, and…
Mubadala CEO expects to see more mergers in Abu Dhabi
More mergers are likely in Abu Dhabi as institutions there tie up in ways that are positive for their business,…
EFG Hermes to buy UK solar power portfolio for $581m
EFG Hermes, a leading investment bank in the Middle East and North Africa (Mena) region, said its renewable energy platform…