Bank Dhofar Considers Merger to Create $10 Billion Omani Lender
Oman's Bank Dhofar has approached smaller peer Bank Sohar with a view to merging to create Oman's second-largest bank, Dhofar…
Mergers & Acquisitions
1364 articles found
Commercial Bank gets go-ahead for Alternatifbank deal
Commercial Bank of Qatar's acquisition of a 70.84% stake in Alternatifbank from Anadolu Endustri Holding has been approved by the…
Falcon Private Bank swoops on Private Bank Zurich
The Swiss wealth management boutique Falcon Private Bank has signed an agreement to acquire the Central and Eastern Europe private…
Dubai Group sells credit card firm to First Gulf Bank
Investment firm Dubai Group has sold its credit card business to Abu Dhabi lender First Gulf Bank (FGB) for $164…
Kipco units buy stake Malta’s bank
Kuwait Projects Co, or Kipco, said on Monday that two of its units have together bought a 38 per cent…
UAE revives deal to merge its two main stock exchanges
The United Arab Emirates has revived a proposal to merge its two main stock exchanges in a state-backed deal that…
Signs of M&A revival in Middle East as activity picks up
After several sluggish years, mergers and acquisitions activity within the Middle East is showing signs of revival, giving hope to…
Emirates NBD completes $500m BNP Paribas deal
Emirates NBD, Dubai's largest bank, has completed its acquisition of shares in the Egypt unit of BNP Paribas in a…
Bahrain bank Al Khair eyes retail push with Khaleeji merger
Bank Al Khair, a Bahrain-based investment bank, expects its potential merger with local player Khaleeji Commercial Bank KHCB.BH to help…
Kuwait's Burgan gets approval for stake buy in Maltese bank
Burgan, the commercial banking arm of Kuwait Projects Co (KIPCO), said in October it was planning to buy the…
EFG-Hermes to slash jobs after QInvest deal collapses
EFG-Hermes Holding is cutting jobs as part of a plan to reduce costs after talks with Qatar's QInvest to…
Lloyds to close Dubai private banking business
Lloyds Banking Group, the lender bailed out by the UK government, is to close its offices in Dubai as…