Citigroup Ascends League Table as M&A Drives Mideast Fees
Citigroup Inc. is scaling the league table for investment banking fees in the Middle East after finishing 13th behind competitors…
Mergers & Acquisitions
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Al Madina Takaful plans to acquire Vision Insurance
Al Madina Takaful Co intends to fully acquire Vision Insurance Co, which has a cross-country network of branches in the…
Dubai Investments completes 59.66 per cent acquisition in Al Mal Capital
Established in 2005, Al Mal is a diversified investment institution, licensed and regulated by the Central Bank of the United…
EY makes acquisition to boost governance, risk and compliance consulting services
EY signed a conditional agreement to acquire Integrc, a privately owned, leading provider of governance, risk and compliance services to…
Clifford Chance advising Citi on the sale of its consumer banking business in Egypt
Clifford Chance is advising Citi on the sale of its consumer banking business in Egypt. Citi entered into an…
HSBC reportedly looking to sell Turkish ops to Bahraini lender
HSBC is reportedly in talks to sell its Turkish operations to Bahrain’s Arab Banking Corporation as it accelerates a restructuring…
United Finance hires KPMG as financial advisor
Oman's United Finance has hired KPMG to provide financial advisory services for proposed acquisitions of the company by National Bank…
International law firm launches 2015 Middle East Deal Study
International law firm Clyde & Co has today released its 2015 Middle East Deal Study. The report observes trends and…
Citibank Egypt announces agreement to sell retail banking and cards businesses in egypt
Citibank N.A. Egypt today signed an agreement with Commercial International Bank (CIB) to sell its retail banking and cards businesses…
Euromoney Names Citi Best M&A House in the Middle East
Euromoney Magazine recently named Citi Best M&A House in the Middle East for the period covering the past twelve months.…
Warba Bank acquires Auto Finance portfolio from Al Mulla International Finance Company KSCC
Warba Bank, a leading Kuwaiti Islamic Bank, today announced that it has signed a binding agreement with Al Mulla International…
Kuwait – Global beats restructuring plan on Mideast buyouts
Surging buyout activity in the Middle East is helping Global Investment House get ahead of plans to repay creditors after…