#merger and acquisition

FAB refutes reports of $5bn Yes Bank stake as “unfounded”

FAB rejects media reports of bid for 51% stake in India’s Yes Bank

The UAE’s biggest lender by assets categorically denied that it is evaluating any possible offer for a stake in Yes Bank

real estate

Alvarez & Marsal says dealmaking wave robust in MENA despite global dip

The increased interest rates have not had a material impact on dealmaking activity in the region

New M&A wave seen for Gulf banks trying to outrun virus slowdown

There are more than 70 listed banks in the six-nation Gulf Cooperation Council