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Email this article: Deals in consumer-led sectors to drive healthier M&A activity in Saudi this year, finds PwC report
Posted: Wed March 8, 2017 11:12 am
SAUDI ARABIA. M&A deal volumes set to recover in 2017 following two challenging years; "Wait-and-see" approach to deal-making replaced by focussed and targeted execution; Foreign and private equity investors driving Saudi M&A activity.
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UAE. A recent study by The Boston Consulting Group found that, in 2016, GCC banks' revenues grew by 5.2%, down about 2 percentage points from 2015; The impact of the decline in oil prices has hit the banking industry; Profits declined by 3.2% for the first time since 2008.