Report Highlights: MENA Investment Banking Review - Full Year 2024
INVESTMENT BANKING FEES
An estimated US$1.5 billion worth of investment banking fees were generated in the Middle East & North Africa during 2024, 24% more than the value recorded in 2023 and the third highest annual total in the region since our records began in 2000.
MERGERS & ACQUISITIONS
The value of announced M&A transactions with any Middle East or North African involvement reached US$75.0 billion in 2024, down 4% compared to year ago levels and the lowest annual total since 2020. The number of deals announced in the region increased 1% from 2023.
EQUITY CAPITAL MARKETS
MENA equity and equity-related issuance totalled US$30.0 billion during 2024, a 126% increase from year ago levels and the highest annual total in the region since 2019. The number of issues increased 16% from year ago levels.
DEBT CAPITAL MARKETS
MENA bond issuance totalled US$119.6 billion during 2024, 66% more than the value recorded in 2023 and an annual total only exceeded once before, in 2020. The number of issues increased 86% over the same period.