Qatar's Masraf agrees deal to buy UK Islamic bank
Masraf al Rayan, Qatar's largest sharia-compliant bank by market value, has said it has reached an agreement on a cash…
Mergers & Acquisitions
1364 articles found
Qatari bank makes £24m offer for IBB
The long-running takeover of the Birmingham-headquartered Islamic Bank of Britain has taken a step forward after a Qatari bank lodged…
Swatch Agrees to Buy Dubai Luxury Retailer Rivoli Investments
Technocorp Holding Ltd., a Swatch Groupcompany, is increasing its stake in Dubai-based company Rivoli Investments LLCby purchasing a tranche of shares and…
Advisers still servicing few wealthy clients
Finance House, a leader in commercial and retail financing, announced that it has acquired CAPM Investment, an investment company based…
Sahara to sell iconic London and New York hotels
The embattled Sahara Group has put up for sale the iconic luxury hotels it acquired over the last three years…
Qatari sovereign wealth fund among BlackBerry rescue party
A Qatari sovereign wealth fund has been identified as one of a number of backers to buy into failing flailing…
One hundred big banks could go, warns McKinsey
A fifth of the largest global banks coudA fifth of the largest global banks coud be broken up or bought…
First Gulf Bank completes acquisition of Dubai First
Abu Dhabi’s First Gulf Bank has completed the formalities of its acquisition of Dubai First. This, the bank said in…
Morgan Stanley Sees Worst Over for Middle East Banking
Morgan Stanley Inc is seeing a resurgence in investment banking activity in the Gulf Arab region and expects an end…
Emirates NBD eyes Turkey buy amid foreign expansion
Emirates NBD is looking for acquisition targets in Turkey as Dubai's largest lender scouts for opportunities beyond its home market,…
EFG-Hermes Targets Gulf Banking Deals as Egypt Falters
EFG-Hermes Holding SAE, the Egyptian investment bank whose merger with Qatar’s Qinvest LLC collapsed in May, said it’s seeking deals…
Bahrain in Early Stages of Bank Merger Wave: Central Bank
Bahrain is still in the early stages of a series of bank mergers designed to strengthen the sector in the…