Oman's Bank Dhofar says ends talks on proposed Bank Sohar merger
Oman's Bank Dhofar BDOF.OM has ended merger negotiations with smaller rival Bank Sohar BKSB.OM after the two sides were unable…
Mergers & Acquisitions
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Banif Bank could be just the beginning – Al Faisal managing director
Rachel Attard speaks to Al Faisal’s managing director MOHAMED SHAFIEK about the company’s announcement this week on its investment in…
Beltone Financial acquires 60% stake in NY-based brokerage firm Auerbach Grayson
Beltone Financial Holding,one of Egypt's top investment banks, announced today that it has acquired a 60% stake of Auerbach Grayson…
Middle East: Gulf moves from buyouts to mergers
NBAD’s merger with FGB gives Abu Dhabi a bank with a similar market cap to firms such as DBS and…
Bahrain's Al Baraka To Merge Unit With Pakistan's Burj Bank
Bahrain-based Al Baraka Banking Group, one of the Gulf's top Islamic banks, said its Pakistani unit would merge with Pakistan's…
Saudi Aramco-Motiva in lead to buy Lyondell's Houston refinery: sources
Saudi Aramco IPO-ARMO.SE and its U.S. refining joint-venture Motiva Enterprises lead the race to buy LyondellBasell Industries Houston refinery, according…
Bain & Co. Working as Consultant on Abu Dhabi NBAD-FGB Merger
Bain & Co. has been appointed to advise Abu Dhabi’s two biggest lenders as they merge into a $175 billion…
Bain to advise on Abu Dhabi merger
Bain & Company has been hired to advise Abu Dhabi’s two biggest lenders as they merge into a $175bn regional…
UAE leads Mena’s mergers and acquisitions market deals in first half 2016: EY
The UAE, Saudi Arabia and Egypt were the top three markets in terms of deal activity in the first half…
A UAE merger play that can set precedents
In July, the boards of First Gulf Bank and the National Bank of Abu Dhabi approved the merger of FGB…
The United Bank to be sold late 2016, early 2017: chairperson
The actual procedures of offering the United Bank for sale may start in late 2016 or early 2017, according to…
FGB named as acquirer of NBAD
First Gulf Bank and National Bank of Abu Dhabi released preliminary financial information on the entity that will come from…