Qatari bank trio in talks for potential $44 bln merger
Qatari banks Masraf Al Rayan, Barwa Bank and International Bank of Qatar have begun initial talks for a potential merger,…
Mergers & Acquisitions
1364 articles found
2 Abu Dhabi banks to merge into largest Gulf Arab bank
Stockholders at two Abu Dhabi banks approved a plan Wednesday to merge the firms into the biggest bank of all…
Shareholders of NBAD, FGB approve merger
Shareholders of the National Bank of Abu Dhabi and FGB approved the banks’ plans to merge, thus creating the largest…
NBAD and FGB shareholders vote to create Middle East’s biggest bank
Shareholders of National Bank of Abu Dhabi and FGB on Wednesday approved a merger that will create the largest bank…
Jordanian, Arab investors set to buy 20pct stake of Arab Bank
Prominent Jordanian businessmen and Chairman of the Arab Bank, Sabih al-Masri, announced on Tuesday that he and a group of…
ABN Amro to Sell $20 Billion of Asia, Middle East Banking Assets
In line with the strategic update as announced on 16 November 2016, ABN AMRO has decided to sell its private…
Estera real estate team involved in largest property deal since Brexit
Estera has been involved in reportedly the largest property transaction to complete following the UK’s Brexit announcement earlier this year.…
SBI merger with its associates to result in consolidation of GCC operations
State Bank of India and its associates expect to complete the merger by the end of the current financial year…
Egypt's Commercial International Bank close to finalising sale of CI Capital
Egypt's largest listed bank Commercial International Bank (CIB) said it is in talks with local and Gulf investors to sell…
UAE's Gulf Capital may sell some investments late next year
Private equity firm Gulf Capital plans to sell some of its investments towards the end of 2017 and early 2018…
QIIB expects to receive licence for Moroccan JV before year-end: CEO
QIIB expects to secure the licence from the Moroccan authorities for its joint venture bank in the kingdom before the…
UAE banks would benefit from mergers
Abu Dhabi speculation quashed, but tougher market may encourage consolidation The UAE has 23 local banks and 28 foreign…