Saudi Arabia, UAE lead Gulf region in M&A activity: survey

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Wed, 2023-10-04 18:22

RIYADH: Amid the global economic slowdown, the strategic interconnectedness and pivotal strength of the Gulf Cooperation Council markets are driving inbound and cross-border mergers and acquisitions activity with Saudi Arabia and the UAE taking the lead, a survey showed.

According to the findings of the survey conducted by Lumina Capital Advisers, the GCC has witnessed a great deal of attention in terms of M&A transactions as 80 percent of the respondents are executing or have executed these deals in the last 12 months.

The strategic location of Saudi Arabia provides access to regional and global markets, making it a strategic hub for trade and investment, the M&A activity report showed.
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