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

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.