Mideast M&A deals decline sharply in Q1 2018 | GulfNews.com:
"Merger & acquisition deals across the Middle East and North Africa (Mena) region declined sharply year-on-year, falling 21.8 per cent in the first quarter of 2018, according to EY’s first-quarter 2018 M&A report.
Mena M&A activity saw 93 announced deals in the first quarter of 2018, compared to 119 deals in the first quarter of 2017. The total disclosed deal value in the Mena region also dropped by 26.7 per cent in the first quarter this year to $15.4 billion (Dh56.56 billion), compared to $21 billion in the same period last year.
The UAE saw the highest deal value with $5.1 billion from 23 deals announced in the first quarter of this year."
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