UAE's UNB picks JPMorgan to advise on merger talks

Source: Dukascopy Bank SA
Union National Bank, the United Arab Emirates' lender, has selected JPMorgan to help advising on merger negotiations with Abu Dhabi's Commercial Bank that is set to involve the unlisted bank Al Hilal, sources reported.
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Sun, 25 Nov 2018 15:33:03 GMT

Elbit finalises takeover of Israeli IMI after government approval

Israel's defence contractor Elbit Systems announced on Sunday it had finalised its $500M deal to acquire the state-owned competitor IMI Systems, after the government granted its approval for firm's privatisation last week.

Sun, 25 Nov 2018 14:34:35 GMT

Eclat Textile views growth opportunities in US-Sino trade dispute

Nike and Amazon apparel supplier Eclat Textile is seeing a strong trend of production shift from China due to the ongoing trade spat between the Asian country and the United States, it stated on Sunday.

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