First Abu Dhabi Bank
First Abu Dhabi Bank is in talks to acquire Bank Audi’s unit in Egypt.
Find more details on Decypha
Fawaz Abdulaziz Alhokair Company
Fawaz Abdulaziz Alhokair Company received the General Authority for Competition’s approval for its acquisition of the Innovative Union Company, owned by Food and Entertainment Company.
Find more details on Decypha
Raya Holding
Raya Holding for Financial Investment announced that it received twelve offers from local and international investors with high solvency ratios seeking to inject investments into Aman Holding for Financial Services.
Find more details on Decypha
Dubai Islamic Bank
Dubai Islamic Bank has completed the acquisition of Noor Bank through a share swap agreement.
Find more details on Decypha
The National Bank of Bahrain
The National Bank of Bahrain announced that its offer to acquire up to 100% of the paid-up ordinary shares of the Bahrain Islamic Bank resulted in the control of 78.8% stake in the Islamic bank.
Find more details on Decypha
Fajr Capital
Fajr Capital has announced the sale of its significant minority stake in Bank Islam Brunei Darussalam, Brunei’s largest bank, to Brunei Investment Agency.
Find more details on Decypha
Al Izz Islamic Bank
Al Izz Islamic Bank approved a share swap ratio for its merger with the Oman Arab Bank, paving the way for the latest banking merger deal in the Gulf.
Find more details on Decypha
Solidarity Saudi Takaful Company
Solidarity Saudi Takaful Company and Aljazira Takaful Taawuni Company have signed an amended non-binding memorandum of understanding to evaluate a potential merger between the two firms.
Find more details on Decypha
DP World
DP World has taken 44% stake in Swiss container terminal operator Swissterminal Holding AG.
