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.
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
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