Bank Asya shares skyrocket after trading resumes
Bank Asya, which had seen its shares jump by over 44 percent after Qatar Islamic Bank said on Tuesday it…
Mergers & Acquisitions
1364 articles found
QIB eyes stake in Bank Asya
Qatar Islamic Bank, Qatar’s leading Islamic bank, yesterday confirmed that it has entered into exclusive discussions to acquire a strategic…
Bahrain’s Khaleeji Commercial, Bank Al Khair Drop Merger Plans
Bahrain’s Khaleeji Commercial Bank and unlisted Bank Al Khair have dropped their plan to merge after failing to agree on…
Two Abu Dhabi banks said to vie for Barclays UAE retail ops
Two Abu Dhabi lenders have emerged as frontrunners to buy most of Barclays’ retail banking operations in the United Arab…
Two Abu Dhabi banks vie for Barclays UAE retail ops
Two Abu Dhabi lenders have emerged as frontrunners to buy most of Barclays' retail banking operations in the United Arab…
Pakistan c.bank blocks sale of Meezan Bank stake, Kuwait's Noor says
Kuwait's Noor Financial Investment Co said the proposed sale of its stake in Karachi-based Meezan Bank had been blocked by…
Objectway Group acquires more than 30 new eXimius clients in 5 territories
In January 2013, Objectway acquired eXimius, a leading international Wealth Management software solution provider, from Thomson Reuters. The objective was…
Arqaam bulks up with Instrata Capital unit
The infrastructure sector in the Middle East and Africa has been identified amongst the vital engines of long-term economic growth,…
Standard Chartered mulls selling divisions
Standard Chartered bank is seeking to sell about six units in Asia, Europe and the Middle East, the Wall Street…
Saudi Arabia to Sell stake in the country’s largest lender
The Saudi government’s decision to sell part of its stake in the country’s largest lender in an initial public offering…
HSBC extends global retreat with $176 million sale of Kazakh bank
HSBC has sold its bank in Kazakhstan to the country's second biggest lender, Halyk Bank HSBK.KZ, for $176 million in…
Axa deal to buy stake in Abu Dhabi insurer Green Crescent confirmed
It has been confirmed that Axa and its Middle East partner the Kanoo Group have agreed a deal to buy…