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Email this article: MENA mergers & acquisitions value drops 40% in first quarter 2012
Posted: Wed April 25, 2012 11:01 am
UAE. MENA M&A deal values drop to US$8.5 billion in Q1 2012 from US$14.1 billion in Q1 2011; Number of MENA M&A deals grow 7%, up from 98 in Q1 2011 to 105 in Q1 2012.
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SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.
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