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Fewer deals means lower fees for region's bankers in 2020


“This makes 2020 the fourth highest annual total of all time, despite falling 47 per cent in value from the record high achieved [in 2019] with Saudi Aramco’s agreement to buy a stake in Saudi Basic Industries Corp for $69.1bn,” Refinitiv’s
2020 Mena Investment Banking Review showed.
The biggest merger deal last year was the $15.6bn merger between Saudi Arabia’s National Commercial Bank and Samba Financial Group. The second-biggest was the $10.1bn sale of a 49 per cent stake in Abu Dhabi National Oil Company’s gas pipeline network to a group of investors including Singaporean wealth fund GIC, Global Infrastructure Partners and Brookfield Asset Management. ....

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Nokia: extension d'un partenariat 5G en Arabie Saoudite

Nokia: extension d'un partenariat 5G en Arabie Saoudite
abcbourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abcbourse.com Daily Mail and Mail on Sunday newspapers.

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