{
  "docId": "019dd923-5de0-76bd-a169-0b915eec6c76",
  "docSlug": "c480df0d8a06e01a",
  "documentTitle": "2024 TransAct Middle East",
  "authorId": "PwC",
  "authorName": "PwC",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.414,
  "pageNumber": 3,
  "pageCount": 24,
  "prevPage": 2,
  "nextPage": 4,
  "slideType": "situation_overview",
  "function": "establish_context",
  "density": "overcrowded",
  "nDataPoints": 3,
  "notes": null,
  "elementsJson": [
    "headline_text",
    "paragraph",
    "bar_chart_vertical",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5de0-76bd-a169-0b915eec6c76/3",
  "deckHref": "/decks/019dd923-5de0-76bd-a169-0b915eec6c76",
  "deckJsonHref": "/decks/019dd923-5de0-76bd-a169-0b915eec6c76.json",
  "deckAnchorHref": "/decks/019dd923-5de0-76bd-a169-0b915eec6c76#slide-3",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "This divergence from global levels underscores the Middle East's ongoing resilience, standing out against other regions despite shared macroeconomic challenges and complex geopolitical factors.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-3be8-755a-95e5-7aa96e792efd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.42,
        "x": 0.52,
        "y": 0.25
      },
      "kind": "chart",
      "text": "Figure 1: Middle East Total Deal Volume (H1-2022 to H1-2024)",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0a037e8e-d7b6-4967-8de1-196285b83e4f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Total Deal Volume: 214",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-3be8-755a-95e5-7cdb64a3a401",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.22,
        "w": 0.38,
        "x": 0.067,
        "y": 0.218
      },
      "kind": "paragraph",
      "text": "The Middle East began 2024 on an optimistic note, with expectations of resilience and growth in the mergers and acquisitions market. This sentiment has been driven by strong investor confidence in the region and a higher projected growth rate than the global average, according to the IMF. Despite a global slowdown in deals, uncertainty about interest rates and market volatility, the region’s dealmaking activity has managed to not only weather the storm but, in some cases, thrive amidst it. This highlights the Middle East’s unique position in the global M&A landscape.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "43c7da74-049c-4e2b-8c4c-fa559060e9c2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.38,
        "x": 0.067,
        "y": 0.64
      },
      "kind": "paragraph",
      "text": "Overall, M&A deals in the region in H1-2024 stood at 214 - a 4% decline from H1-2023, compared to a 25% drop globally. This divergence from global levels underscores the Middle East’s ongoing resilience, standing out against other regions despite shared macroeconomic challenges and complex geopolitical factors.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4a1b9446-6802-48a2-9a91-83c0076db7e5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.22,
        "w": 0.38,
        "x": 0.067,
        "y": 0.42
      },
      "kind": "paragraph",
      "text": "The region has remained resilient, strengthened by strategic government initiatives focused on economic diversification, green economy initiatives, tech advancements and an emphasis on localisation and value creation. As private equity (PE) deals in the region increase steadily, sovereign wealth funds (SWFs) with ample reserves continue to drive deal volumes and foster growth in emerging sectors. Moreover, voluntary oil production cuts from OPEC+ countries in the last year raised oil prices, supporting diversification initiatives and enhancing market stability in the region, positioning the Middle East as an attractive hub for dealmaking.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e3fc7b40-562a-4990-8dcd-6795bf56d60d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.25,
        "x": 0.52,
        "y": 0.77
      },
      "kind": "source-note",
      "text": "Source: PwC Analysis based on Refinitiv (LSEG) data",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "be7bfe0d-b049-49a9-8b97-81a46b217b22",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.045,
        "w": 0.16,
        "x": 0.067,
        "y": 0.095
      },
      "kind": "title",
      "text": "Introduction",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f699b34a-5b86-4ad5-a323-10158eab045a",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 6,
      "from": 3,
      "beatId": "d5348190-2980-41f2-a99f-a4e13b3b6d6e",
      "arcName": "The Sparkline",
      "arcSlug": "sparkline",
      "beatName": "What Is",
      "beatSlug": "sparkline-what-is-1",
      "evidence": "Introduction and situation overview",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Setup",
      "parentBeatSlug": "setup"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}