ING, Qatar National Bank, Bahrain's ABC eye HSBC Turkey arm: sources
NG Group NV, Qatar National Bank QNBK.QA and the Bahrain-based Arab Banking Corporation ABCB.BH are among the potential bidders for…
Mergers & Acquisitions
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RAKBANK acquires 79.23 per cent of RAK Insurance
The acquisition enables RAKBANK to become the largest shareholder in the insurance provider and is in line with the Bank’s…
ICBC takes over Tekstilbank of Turkey
The Industrial and Commercial Bank of China, the world's largest bank, said Monday that it completed the acquisition of a…
Allen & Overy advises investment group Samena Capital on its strategic investment in Kleinwort Benson Bank Limited
Allen & Overy has announce that it has advised Samena Capital on its strategic investment in Kleinwort Benson Bank Limited.…
ADIB retained 98% of Barclays' UAE clients after $176m deal, says CEO
Abu Dhabi Islamic Bank will focus on winning more business in the United Arab Emirates' expatriate community this year as…
BCMS Gulf Launches Operations in the Kingdom of Bahrain
International mergers and acquisitions advisor BCMS today announced the launch of its new office in the Kingdom of Bahrain to…
International mergers and acquisitions advisor launches operations in Bahrain
International mergers and acquisitions advisor BCMS has announced the launch of its new office in the Kingdom of Bahrain to…
Oman's Bank Sohar launches $250 mln 3-yr debut loan – statement
Oman's Bank Sohar has invited banks to participate in a $250 million debut loan to fund its general business activities,…
United Finance says National Bank of Oman confirms M&A interest
Oman's United Finance said on Thursday that National Bank of Oman had confirmed interest in participating in a bidding process…
Kuwait’s Al Ahli Bank buying Egyptian unit of Greece’s Piraeus Bank for $150m
Kuwait’s Al Ahli Bank will pay about $150 million to acquire 98.5 per cent of the Egyptian unit of Greece’s…
Oman's Bank Nizwa withdraws United Finance merger proposal
Oman's Bank Nizwa has withdrawn its proposal for a merger with United Finance , Nizwa said on Monday, after United…
Two UAE banks 'still in frame' to buy Citi's Egyptian retail ops
The number of banks in the running to buy Citigroup's consumer business in Egypt has fallen as the bidding process…