bank merger


How Saudi Arabia's $15.6bn Bank Merger Would Stack Up

Middle East Business News - Published date: .

The National Commercial Bank-Samba merger would create a banking giant in terms of loans with almost a 30% market share... Read more

UAE's Largest Bank Said To Cut Hundreds Of Jobs

Middle East Business News - Published date: .

Sources say First Abu Dhabi Bank is the latest UAE-based lender to shed staff as sluggish growth weighs on the finance i... Read more

UAE's Biggest Bank Posts 4% Profit Rise To $2.5bn

Middle East Business News - Published date: .

First Abu Dhabi Bank CEO says on track for a record performance in 2019 Read more

Abu Dhabi's ADCB Quarterly Profit Drops 11% On Cost Of Funds

Middle East Business News - Published date: .

Abu Dhabi Commercial Bank combined with local rivals Union National Bank and Al Hilal Bank to create the Gulf region's f... Read more

Why A Second Merger Wave May Hit UAE Lenders

Middle East Business News - Published date: .

Bloomberg Intelligence report say banks in the UAE are seeking to improve profitability and tackle inefficiencies Read more

Look Who's Talking: The Gulf's $1trn Bank Merger Bonanza

Middle East Business News - Published date: .

More than 20 Gulf financial institutions with total assets exceeding $1 trillion are in merger talks Read more

New UAE Banking Group Unveiled With $115bn Assets

Middle East Business News - Published date: .

ADCB Group starts operations following the merger of Abu Dhabi Commercial Bank and Union National Bank and acquisition o... Read more

UAE's Al Hilal Bank Plans Digital Transformation Under New CEO

Middle East Business News - Published date: .

Amr Al Menhali, newly appointed as Al Hilal Bank's CEO, will lead a digital transformation to enhance customer experienc... Read more

Dubai Islamic Bank Is Said To Consider Acquiring Noor Bank

Middle East Business News - Published date: .

Dubai Islamic Bank held preliminary discussions with Dubai-based Noor Bank's shareholders, according to sources Read more

FAB 'strongly Denies' It's Considering A Merger With ADIB

Middle East Business News - Published date: .

A First Abu Dhabi Bank spokesperson said the bank is "fully focused on unlocking its full potential and maximising share... Read more

Abu Dhabi Said To Mull Merger To Create Biggest MidEast Bank

Middle East Business News - Published date: .

Sources say emirate is considering combining Abu Dhabi Islamic Bank with First Abu Dhabi Bank Read more

No More Bank Mergers Expected In Saudi Arabia, Says Central Bank Governor

Middle East Business News - Published date: .

Central Bank Governor Ahmed Al-Kholifey said that deflation is unlikely in Saudi Arabia due to consumer demand and real ... Read more

Abu Dhabi Islamic Bank Said To Mull Merger Option

Middle East Business News - Published date: .

Sources say the UAE's second-biggest Islamic lender is in early talks with financial advisers about measures Read more

Middle East Merger Boom Sees M&A Bankers In High Demand

Middle East Business News - Published date: .

Value of M&A deals in the Gulf region jumped to $33.7 billion last year, the highest level since at least 2007 Read more

Middle East Merger Boom Sees M&A Bankers In High Demand

Middle East Business News - Published date: .

Value of M&A deals in the Gulf region jumped to $33.7 billion last year, the highest level since at least 2007 Read more

Abu Dhabi's Three-way Bank Merger To Create $114bn Giant

Middle East Business News - Published date: .

Abu Dhabi Commercial Bank has agreed to merge with Union National Bank and Al Hilal Bank Read more

Kuwait Finance Said To Offer 35% Premium In $8bn Bank Deal

Middle East Business News - Published date: .

Sources say Kuwaiti lender may offer one share for every 2.1 in Ahli United Bank Read more

Kuwait Finance Said To Offer 35% Premium In $8bn Bank Deal

Middle East Business News - Published date: .

Sources say Kuwaiti lender may offer one share for every 2.1 in Ahli United Bank Read more

Saudi Arabia's Alawwal Bank, SABB Merger On Track For H1 Completion

Middle East Business News - Published date: .

The merger will create the kingdom's third largest bank Read more

Saudi Arabia's Alawwal Bank, SABB Merger On Track For H1 Completion

Middle East Business News - Published date: .

The merger will create the kingdom's third largest bank Read more