UAE leads first-half Mena M&A deal activity driven by sovereign funds

The UAE, the Arab world’s second-largest economy, dominated mergers and acquisitions activity in the Middle East and North Africa region, leading in both volume and value of transactions in the first six months of the year.

Government policies and efforts to boost the ease of doing business drove deal flow and foreign direct investment into the country, consultancy EY said in its first-half Mena M&A report.

Overall deal activity across the…