I would say that M&As are on the rise in Saudi as there is a vision and ambition to bring a lot of capabilities in kingdom in an accelerated manner. As we know, when M&As are executed properly they enable the quick transfer and realization of value from one organization to another. M&As are also fast in nature in comparison to the approach of establishing new entities or JVs. For these reasons, M&As are an ideal approach to help localize and diversify the Saudi economy in a rapid manner.
