Islamic Finance

Middle East M&A deals buck downward global trend


Published 09 Mar,2021 via Arab News - Economy RIYADH - Dealmakers in the Middle East adapted quickly to pandemic as merger and acquisition (M&A) activity edged higher, Al Arabiya reported, citing PwC.

M&A activity in the region increased 6 percent in 2020 compared to the previous year, bucking a downward global trend.

Globally, the number of completed deals decreased by 9 percent worldwide over the same period, as the pandemic slowed and sometimes stopped transactions, the PwC report said.

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