The Middle East is set for a revival in mergers and acquisitions (M&As) this year following a long lull, according to a recent survey of business leaders by DLA Piper, a global law firm.
The study based on data from 90 online interviews with DLA Piper's regional database showed the Gulf will witness a strong revival in M&As largely driven by improved liquidity, a pick-up in bank lending and the growing financial requirements for regional firms to expand.
"The financial crisis is more or less behind us," said Abdul Aziz Al Yaqout, regional managing partner at DLA Piper.
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