NBAD confirms departure of four senior staff amid FBG merger
The National Bank of Abu Dhabi confirmed on Thursday that four of its senior managers had left amid a merger…
Mergers & Acquisitions
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Dubai-based Abraaj Group in advanced talks to acquire Medall Healthcare
Dubai-based buyout fund Abraaj Group is in advanced discussions to acquire a controlling stake in south India’s leading diagnostics services…
National Bank of Oman weighing offer for stake acquisition
National Bank of Oman, the Sultanate’s second largest lender, has revealed that it has received a proposal from Singapore based…
Qatar Investment Authority to refinance Porta Nuova district’s debts
The Qatar Investment Authority intends to refinance their debts on Milano Porta Nuova and Varesine, the two complexes acquired in…
KFH Capital acquires office tower in US for $165 million
KFH Capital Investment Co, a subsidiary of Kuwait Finance House Group KFH Group, has announced the successful acquisition of an…
Year in review: NBAD-FGB merger to set tone for UAE banking sector in 2017
UAE banks didn’t have the best of years in 2016 amid an oil-inspired economic slowdown but a successful completion of…
Kuwaitiʼs $107M loan for Panasonic purchase
KFH Capital Investment Company secured a $107.3 million loan for its purchase of the former Panasonic headquarters in Newark. …
Qatari bank CBQ says takes full control of Turkey’s Alternatifbank
Commercial Bank of Qatar, the Gulf Arab state’s third largest lender by assets, said on Tuesday that it had completed…
Deal-making to drive 2017 Middle Eastern banking fee fest
A Middle Eastern investment banking fee bonanza should extend into 2017, spurred by a combination of bond and share sales…
ABank becomes full subsidiary of Commercial Bank
The Commercial Bank, one of the most important banks in the Gulf region and Qatar's first private bank, has purchased…
First Int'l Bank sells Swiss operations
First International Bank of Israel is liquidating its remaining international business, and will become the only one of Israel's five…
Deal-making to drive 2017 Middle Eastern banking fee fest
A Middle Eastern investment banking fee bonanza should extend into 2017, spurred by a combination of bond and share sales…