With regional investment banking revenues reaching a three-year high in the 12 months to mid 2013, the banking sector is a big part of the Middle East M&A story. It is fulfilling a much-needed and long-awaited trend, particularly for banks in the Arab Gulf.
Having largely missed the growth spurt of other emerging regions in the years after the 2008 crisis, banks in the Middle East are now looking to consolidate, and not just in the home market.
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