Middle East and North Africa Investment Banking Review
MENA Investment Banking Review - Quarterly Reports
Access our quarterly reports for Investment Banking fees, volumes, and league tables across M&A, Equity Capital Markets, and Debt Capital Markets. Examine deal flows, top deals, most active nations, and most active sectors.
Complete the form to download the latest MENA Investment Banking Review.
Complete form to access report
By submitting this form, you agree to your personal data being shared within the London Stock Exchange Group of companies (LSEG) for the purpose of receiving communications via post, phone and electronic means from LSEG about event, resources, products, and/or services.
For more information on how LSEG uses your data, see our Privacy Statement.
You can adjust your preferences at any time through the preference link in any electronic communication that you receive from us.For more information on how LSEG uses your data, see our Privacy Statement.
You can adjust your preferences at any time through the preference link in any electronic communication that you receive from us.
For more information on how LSEG uses your data, see our Privacy Statement.
You can adjust your preferences at any time through the preference link in any electronic communication that you receive from us.For more information on how LSEG uses your data, see our Privacy Statement.
You can adjust your preferences at any time through the preference link in any electronic communication that you receive from us.
Report Highlights: MENA Investment Banking Review - Q3 2026
INVESTMENT BANKING FEES
An estimated US$1.1 billion worth of investment banking fees were generated in the Middle East & North Africa during the first nine months of 2026, 30% less than year-ago levels and the lowest first-nine-month total since 2023.
MERGERS & ACQUISITIONS
The value of announced M&A transactions with any Middle Eastern or North African involvement totalled US$79.6 billion during the first nine months of 2026, a 50% decline from year-ago levels. The number of deals announced in the region declined 3%.
EQUITY CAPITAL MARKETS
MENA equity and equity-related issuance totalled US$2.3 billion during the first nine months of 2026, a 79% decline from year-ago levels and the lowest first-nine-month total in the region since 2017. The number of issues declined 67% year-on-year to just 16 during the first nine months of 2026.
DEBT CAPITAL MARKETS
Overall MENA bond issuance totalled US$129.7 billion during the first nine months of 2026, 10% less than the value recorded during the same period in 2025. The number of issues declined 26% over the same period.
