Mena region to see more SPAC deal
Special Purpose Acquisition Companies are trending in Mena, which indicates that the startup ecosystem is evolving into a stronger and…
Mergers & Acquisitions
1364 articles found
Islamic banks’ market share expected to grow this year
Qatari Islamic banks are likely to see their market share grow further in 2021, particularly if the proposed merger of…
Investment banking fees in MENA dip to $591mln in H1 2021
Investment banking fees in Middle East & North Africa totaled $591 million during the first half of 2021, a decrease…
Fintechs to drive M&A in Saudi banking sector – KPMG
The rise of financial technology companies in Saudi Arabia will stimulate merger and acquisition activity in the coming years, according…
FTI Consulting expands merger & acquisition team with Big Four trioc
FTI Consulting has strengthened its Corporate Finance and Restructuring team in the Middle East with a trio of senior hires…
Commercial Bank of Qatar scraps offer to acquire majority stake in National Bank of Oman
Commercial Bank of Qatar has given up on plans to raise stakes in National Bank of Oman (NBO) to controlling…
Covid-19: New wave of GCC bank mergers gathering pace
A second wave of mergers and acquisitions (M&A) in GCC banking sector is gathering pace as cash-strapped lenders grapple with…
Ashurst’s M&A team sees two deal mandates in Abu Dhabi close
M&A consultants from law firm Ashurst have over the past two months seen two of its deal mandates in the…
Bank M&A set to surge in Saudi Arabia
More bank mergers and digital lenders are the order of the day in Saudi Arabia, as the Kingdom seeks to…
Saudi insurance merger to create massive investment fund
The Saudi Public Pension Agency’s (PPA) merger with the General Organization for Social Insurance (GOSI) will create in one of…
UAE's new capital rule could trigger further bank M&A in 'overbanked' market
A new capital rule for banks incorporated in the United Arab Emirates will likely add pressure on smaller banks and…
Gulf-based Opontia raises $20mln to fund acquisitions, recruitment
Newly launched Gulf-based startup Opontia has raised $20 million to help it to finance acquisitions of e-commerce brands in the…