#merger

New Takaful provider

Dubai, Abu Dhabi companies merge to create new Takaful provider

The merged company would benefit from cross-selling opportunities via increased geographic footprint and via capitalising on larger underwriting capacity

Dubai’s Averda said to be in Better World SPAC merger talks

Dubai-based provider of waste-disposal services Averda is in talks to go public through a merger…

Abu Dhabi Islamic Bank

Abu Dhabi’s biggest Islamic bank weighs merger deals outside UAE

The lender reported third-quarter net income fell 7.7 per cent from a year ago to Dhs492.9m

Merger of Emaar Properties and Emaar Malls receives final nod

The merger is expected to complete before the end of this year

Dubai-listed Emaar Properties and Emaar Malls announce merger plans

As part of the transaction, the existing business of Emaar Malls will be reconstituted in a wholly owned subsidiary of Emaar Properties

NCB, Samba shareholders approve merger to create Saudi National Bank, kingdom’s biggest lender

Operations under the new name and structure are planned to start on April 1, 2021

Stellantis CEO sees Fiat-PSA merger shielding brands, jobs

The two companies have several underutilised factories around the globe

Virus may force Kuwait Finance and Bahrain’s AUB to reassess merger

Last year, Kuwait Finance House offered to buy Ahli United Bank in an all-share deal that was valued at about $8.8bn

ADCB’s chairman, CEO to fill top positions in new Abu Dhabi merged bank – sources

The three-way merger with Union National Bank and Al Hilal Bank could form a bank with around $113bn in assets