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Egypt, UAE, and Saudi Arabia are included in a list of the most attractive countries for mergers and acquisitions (M&A) and investments. These countries have accounted for more than 75 percent of shares of the Middle East and North Africa (MENA) region.
Egypt, UAE, and Saudi Arabia are included in a list of the most attractive countries for mergers and acquisitions (M&A) and investments. These countries have accounted for more than 75 percent of shares of the Middle East and North Africa (MENA) region.
The data was based on a recent report (October 2022) released by Baker McKenzie in October. M&A transactions in the Middle East accelerated in the first nine months of 2022 by 16 percent. Mostly, the investments have gone to start-ups. The value of the total deals has gone up by 20%. The total quantum of investments, so far, channelised aggregated close to US$ 2,3 billion.
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Sector-wise analysis showed that financial technology was the largest sector that attracted the lion’s share of the deals in 2022. So far 94 such investments have come with a total value reaching US $747 million with a 74 percent annual increase.
