M&A Bankers Wanted for Gulf Merger Boom

  • Value of deals rose to $33.7 billion last year; most since ’07
  • Government are exploring mergers to help balance their budgets
Photographer: Christopher Pike/Bloomberg
Lock
This article is for subscribers only.

It’s a good time to be an M&A banker in the Middle East.

Just one month into the year, five banks are merging: a three-way merger in oil-rich Abu Dhabi and a cross-country combinationBloomberg Terminal in Kuwait and Bahrain. More deals are in the works.