MENA private equity deals total $27.6bn over last 5 years.
Private equity deals in the Middle East and North Africa region totaled $27.6 billion between 2020 and 2024, with a compound annual growth rate of 14 percent, driven largely by Saudi Arabia and the UAE, according to a new report.
While the UAE dominated deal activity from 2020 to 2022, Saudi Arabia overtook it in 2023, accounting for 41 percent of total transactions that year.
In its inaugural MENA PE 5-Year Report, venture data platform MAGNiTT highlighted that this shift underscores Saudi Arabia’s growing attractiveness to investors, supported by Vision 2030 initiatives and increased sovereign wealth fund participation.
Saudi Arabia and the UAE accounted for 68 percent of total PE transactions in MENA from 2020 to 2024, with the former securing 31 percent and the latter 37 percent.
In terms of disclosed deal value, the UAE led with $13.5 billion, followed by Saudi Arabia at $11 billion. However, in 2024, Saudi Arabia contributed more than half of the region’s total disclosed PE investment value.
The Kingdom’s share of deal count rose from 20 percent in 2020 to 41 percent in 2023, reflecting a compound annual growth rate of 67 percent.
Egypt also played a key role in the region’s PE market, accounting for 9 percent of deal volume over the five-year period, with transactions totaling $2.5 billion. In 2024, Egypt held a 12 percent share of total disclosed PE investment value.
Source: ARABNEWS
