12 Oct 2010
(MENAFN) The Thomson Reuters Q3 Middle East Investment Banking Analysis showed that Middle Eastern firms targeted merger and acquisition deals (M&A) for the third quarter reached $15 billion, 10 times the activity seen in the same quarter last year, and the busiest quarter on record, Reuters reported.
From the beginning of the to date figures reached $27 billion, the most active first nine months of the year on record. Telecommunications is the most targeted industry in the Middle East with $12 billion, 44 percent of the activity.
Kuwait was the most acquired Middle Eastern country with $12.5 billion, 46 percent of the activity. UAE is the most acquisitive Middle Eastern country for the first nine months of 2010 with 57.8 percent. Kuwaiti companies are the most attractive to Middle Eastern acquirers, with 37 percent of the activity.
Middle Eastern debt issuance reached $22 billion so far this year, down 7 percent from $23.7 billion when compared to the same period last year.
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more