Adviser appointed in Saudi bank merger talks
Momentum appears to be gathering in the attempt to merge two of the largest banks in the Middle East to create a…
Saudi Arabia
Saudi banks may set off long-expected merger trend
In what would be the world’s largest bank deal for around two years, two of Saudi Arabia’s leading…
Advisers chosen by Aramco
Investment banking advisers have been chosen to advise on Saudi Aramco’s plan to buy a controlling stake in…
Saudi education leader ponders sale
At the same time that sources claim that the flotation of the Dubai-based education GEMS has been postponed…
Nadec creates food champion as Danone bows out
French food giant Danone has sold out of its Saudi Arabian joint venture in a deal that creates…
Accor deal underlines rapidly expanding Saudi aspirations
Speculation that the Saudi Public Investment Fund (PIF) is part of a consortium that is set to take…
Credit Agricole may regret Saudi retreat
The sale by France’s Credit Agricole of about half its 31.1% stake in Banque Saudi Fransi (BSF) to…
Credit Agricole steps back from complete Saudi withdrawal
Credit Agricole’s (CA) long-rumoured sale of part of its stake in Banque Saudi Fransi is now understood to…
Saudi medical group for sale
A rare opportunity to buy into high quality medical assets in Saudi Arabia seems to be presenting itself,…
Middle Eastern banking consolidation accelerates
The consolidation of the banking sector in the Middle East in the face of the impact of enduring…
