| Gulf Arab banks are considering consolidation as one way to build scale and better compete with larger international banks as domestic earnings growth is slowing, but face obstacles in the form of shareholder scepticism and a patchy regulatory framework.
Mergers and acquisitions in the Gulf banking sector are seen to be most pressing in smaller but highly competitive markets such as the UAE and Qatar, where respectively 47 and 18 banks are active..............................................Full Article: Source
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