Privatisation plans in the Middle East, specifically in Saudi Arabia, in power and water sectors could offer huge merger and acquisition opportunities for international investors over the coming years, an industry expert said.
Dubai Islamic Bank is targeting loan growth of around 10-15 percent in 2014 and is eyeing expansion in the Far East, East Africa and the Gulf region which could potentially include acquisitions, its chief executive said on Thursday.
Mubadala Development Company, Abu Dhabi's investment vehicle that manages over $10 billion of assets, is planning further acquisitions in aerospace, energy and real estate firms, an executive said on Tuesday.
Mubadala chief operating offic
Companies are trying to escape the credit crunch and economic slowdown in Europe and North America by seeking growth through acquisitions in emerging markets, but they could be piling into the next bubble.
Investment banks keen to keep&nbs