(MENAFN) The value of inbound merger and gain transactions in the Middle East stood up at an all-time high record of USD7.3 billion in first nine months, up 220 percent from the same period last year, while outbound, domestic and inter-region M&A activity declined.
Managing Director for the Middle East and North Africa Nadim Najjar, said, "Bolstered by Saudi Arabia's USD12.4 billion international Islamic bond in September, Middle Eastern debt issuance reached USD84.1 billion during the first nine months of 2017".
"This is 82 per cent more than the proceeds raised during the same period last year and by far the best annual start in the region since records began in 1980," he added.
Domestic, inter-regional activity expected to get a boost in the upcoming months.
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