Qatar ‘most acquisitive’ in Mideast in Q1
The Canary Wharf business, financial and shopping district is seen beyond the River Thames in London. The largest deal…
Mergers & Acquisitions
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CIB management to decide whether to submit offer for Citigroup’s Egypt retail portfolio
The board of directors of the Commercial International Bank (CIB) said that it has delegated to management the decision whether…
Commercial Bank of Dubai purchases Dh3bn loan portfolio from UK lender RBS
Commercial Bank of Dubai has announcedit has agreed to acquirea corporate loan portfolio worth approx. AED 3 billion from Royal…
HSBC Bank Oman completes sale of India assets to Doha Bank
HSBC Bank Oman has completed the sale of its Indian assets to Doha Bank , the affiliate of HSBC Holdings…
Borse Dubai sells its stake in LSE
Borse Dubai has sold its complete 17.4 per cent stake in the London Stock Exchange Group (LSE), a statement from…
Noor Takaful Signs Banca Takaful Agreement with Ajman Bank
Noor Takaful , the Islamic insurance arm of Noor Investment Group, has signed a Banca Takaful agreement with Ajman Bank…
Stake sale in First Gulf Financial Services to Integrated Financial Group completed
The sale of FGB's 45% stake in brokerage firm First Gulf Financial Services to Integrated Financial Group, a company managed…
HKEx, LME and Borsa İstanbul agree partnership
The London Metal Exchange (LME) and Borsa İstanbul A.S. are entering into two agreements under which (i) Borsa İstanbul will…
First Equity Partners acquires majority 67% stake in White House Securities
FEP Egypt Direct Investment and Asset Management, an affiliate of First Equity Partners , a leading private equity manager in…
Abu Dhabi Islamic Bank in the hunt for Citi’s Egypt operations
Abu Dhabi Islamic Bank said it has been shortlisted as a buyer for Citigroup’s Egypt retail business in what is…
BBK keen on buying Islamic banks
BBK is open to acquisitions of Islamic banks provided they offered a feasible business proposition, the bank's chairman Murad Ali…
Citigroup sells stake in Turkey’s Akbank for $1.2b
Citigroup has sold its nearly 10 per cent stake in Turkey’s Akbank for $1.2 billion, the US lender said on…