First Gulf Bank acquires full ownership of Aseel Islamic Finance
First Gulf Bank has increased its stakes in Aseel Islamic Finance, through a purchase agreement which has raised the bank's…
Mergers & Acquisitions
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Dubai Investments’ pioneering models across diversified sectors achieve strong growth
Dubai Investments PJSC– the largest investment company listed on Dubai Financial Market [DFM], has pointed out that its pioneering business…
Qatar National Bank might sell freshly acquired NSGB Egypt
Qatar National Bank is negotiating to sell National Société Générale Bank Egypt only six month after acquiring it, an internal…
Private equity firms in Arabian Gulf eye Egypt acquisitions
Private equity firms in the Arabian Gulf are targeting acquisitions in Egypt as opportunities created by that country’s fast-expanding middle…
Alibaba's takeover of Tianhong to reshape online finance
Alibaba's latest takeover of Chinese fund management firm Tianhong will inject new vitality into China's online finance market, analysts believe.…
UAE bourses merger likely to be announced in December
The merger of UAE’s bourses seems to be have been agreed to by the two stock exchanges and is now…
Qatar Holding becomes sole owner of Qatar Exchange
Qatar Holding, the investment arm of the country's sovereign wealth fund Qatar Investment Authority, has bought NYSE Euronext's 12 percent…
Leumi Starts Selling Migdal Stake
The stake in Migdal was one of Bank Leumi's strongest and oldest holdings, although the size of the stake has…
Turkey’s Aksoy Holding plans to sell a majority stake of TAIB Bank
Turkey’s Aksoy Holding plans to sell a majority stake of TAIB Bank, which it acquired from the Dubai Sheikh last…
Qatar looking less likely to bid for Versace, say sources
Qatar is looking less likely to bid for the iconic Italian fashion house Versace despite holding talks with the group…
First Gulf Bank may bid for Barclays' UAE ops, says CEO
First Gulf Bank, the UAE's third largest bank, may look to buy Barclays Plc's retail banking operations in the United…
Duet Fund fails to complete Habas deal
CEO Hertzel Habas notified the TASE this morning that that the closing date of September 6 for completing the Duet…