NMC attracts investors
Shares in the leading Gulf-based healthcare group NMC Health surged by around 30%…
United Arab Emirates
Adnoc buys stake in oil storage business
As part of the state-run the United Arab Emirates’ energy firm’s transformation drive and its expansion into oil…
Gulf investment firms explore merger
Only a week after the largest banking merger seen in the region for some time, the pressure for consolidation in the Gulf…
UAE bank in talks to buy Dubai-based bank
Intent on creating a lender with US$75bn in assets, United Arab Emirates’ largest sharia-compliant bank Dubai Islamic Bank…
Ambitious Gulf fund manager eyes deals
The ambitious and rapidly growing Gulf-based alternative asset manager Investcorp is on the lookout for deals on a…
Smaller UAE banks hold merger talks
The widely expected further consolidation of the banking sector in the United Arab Emirates (UAE) is believed to…
Saudi laboratory group expands footprint
One of the largest private medical laboratory groups in the Gulf, Saudi Arabia’s Al Borg Medical Laboratories is…
UASC may sell tanker operations as part of Hapag merger
United Arab Shipping Co (UASC) is considering selling its oil and petrochemical tanker operations for…
Suitors line up for Al Noor
A potential third suitor looks to have emerged for London-listed, UAE-based Al Noor Hospitals Group after the company…
Mediclinic gets treatment right for Al Noor
Shares in the London-listed, UAE-based Al Noor Hospitals surged by a record 21% on October 14 on news…