Qatar, whose spree of deals across Europe has made headlines in recent months, is also leading the charge in acquisitions in the Middle East, where it has completed the largest purchase of the year so far.
Government-backed Qatar Telecom’s $2.2bn purchase of the remaining 48 per cent of Wataniya Telecom that it did not own has helped lift inbound acquisitions in the Middle East to $19bn so far this year, the highest year-to-date volume since 2007, according to Dealogic, the data provider.
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