Delegation flies to Middle East to gauge interest in Woori Bank
A group of high-profile financial officials from Korea flied to the Middle East on Sunday to check foreign demand for…
Mergers & Acquisitions
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CBE approves CIB’s acquisition of Citibank retail portfolio
The Central Bank of Egypt approved, on Tuesday, the Commercial International Bank’s acquisition of Citibank Egypt’s private retail banking portfolio.…
BDA advises Seera Investment Bank on the divestment of Kosan Crisplant
BDA Partners has announced that its client, Seera Investment Bank B.S.C, the Bahrain-based Shari'a compliant private equity investor, along with…
UAE Exchange bids for finance company Dunia: sources
UAE Exchange, a global remittance and foreign exchange business headquartered in Abu Dhabi, is among bidders for consumer finance company…
Clifford Chance advises Amanat Healthcare
Clifford Chance advised Amanat Healthcare and its affiliates on its acquisition of a 35% beneficial interest in Sukoon International Holding…
Al Masah Capital reports MENA recorded 16 private equity deals worth $2.6b
First half of 2015 reflects ongoing economic and investment growth in the region Al Masah Capital Limited, one of…
Arcapita on investments in Saadiyat and beyond
Arcapita, a global investment management firm, recently acquired Phase One of Saadiyat Beach Residences, a premium residential apartment complex…
Meezan Bank gets SBP nod to merge HSBC Oman operations
The State Bank of Pakistan Monday cleared the amalgamation of the HSBC Bank Oman S.A.O.G operations in Pakistan with Meezan…
RBS ends plan to sell UAE transaction services to ADCB – sources
The sale would have been one of the last remaining steps in the bank's pull-back from the Middle East as…
Bahraini insurer ARIG plans full ownership of Takaful Re
ARIG is discussions to buy the remaining 46 percent of shares it doesn't already own in Takaful Re ,subject to…
KSA, UAE among world's top 10 M&A and IPO activity growth markets
Saudi Arabia and United Arab Emirates are among world's top 10 countries forecasted to experience the fastest M&A and IPO…
New international law firm announced
Wragge Lawrence Graham & Co (WLG) and Gowlings, a leading Canadian law firm, are joining forces to create a new…