Middle East presents favourable climate for dealmaking in 2024, according to PwC’s latest TransAct report

• M&A activity across the region is being driven by the intensifying economic diversification and growth of non-oil sectors, rising private sector participation and robust capital markets activity
• Strong economic fundamentals, business regulations and the wider government transformation agenda continue to support dealmaking prospects in the Middle East
• The impact of the global megatrends such as technological disruption, and climate change will continue to drive investment either regionally or outbound in key areas such as energy transition and digital transformation
• In 2024, dealmakers must prioritise reinventing business models, focus on talent acquisition and remain agile in navigating market changes
• Mid-market deals dominate as investors focus on value creation