trending Market Intelligence /marketintelligence/en/news-insights/trending/qzprzzbbbrgxk1lazxa4ua2 content esgSubNav
In This List

Dubai's Shuaa Capital to acquire Kuwaiti investment firm

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Dubai's Shuaa Capital to acquire Kuwaiti investment firm

Dubai-based SHUAA Capital PSC said May 13 that it signed an initial agreement with Amwal International Investment Co. KSCP to launch a voluntary acquisition offer for the Kuwaiti investment company after securing in-principle approval from the Central Bank of Kuwait.

In July 2017, Shuaa Capital acquired an approximately 8% stake in Amwal International. Its Gulf Finance Corp. PJSC unit also owns about 3% of the company.