Middle East M&A deals to grow by 20% y/y in 2011.

By bne IntelliNews February 14, 2011
Mergers and acquisitions (M&A) transactions in the Middle East region is expected to grow by 20% y/y this year, Trade Arabia reported, citing a study by M:Communications. Saudi Arabia will witness the highest percentage of transactions in the region, benefiting from the high international oil prices and increased business optimism, boosted by the USD 155bn annual budget, recently announced by the government. Political changes in the northern African countries such as Egypt and Tunisia, however, might affect negatively the M&A transactions' growth this year.
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