News

Surge in regional M&A deals predicted

Merging_blocksNearly two-thirds (65%) of respondents in a survey of Middle East and North African businesses said they would pursue merger and acquisition deals in the next 12 months. The result was a record in the Capital Confidence Barometer survey carried out by consultancy EY. “With the recent oil prices, a slow-growth environment and the diversification agendas of many MENA countries still more in the planning than execution stages, MENA executives understand that they need to 'buy' versus 'build' to remain competitive,” said Phil Gandier, MENA transaction advisory services leader at EY. The consultancy said the value of deals done in the third quarter of the year increased by 23% to $4.3 billion as compared with the corresponding quarter in 2016. However, the rise came despite the number of deals falling from 84 to 76 between the same two periods. ©2017 funds global mena

Executive Interviews

INTERVIEW: Totally mega

Jun 13, 2018

In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...

INTERVIEW: Protecting the investment

Nov 23, 2017

Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.

Roundtables

MENA ROUNDTABLE: ‘The story is about reforms’

Jun 13, 2018

Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.

SOUTH AFRICA ROUNDTABLE: Airline syndrome

Jun 13, 2018

Our panellists tell us that instead of launching competing national projects, African countries should work together for the sake of a bigger capital market. Chaired by George Mitton in Cape Town.