RIYADH: Saudi Arabia recorded 24 mergers and acquisitions deals worth $689 million in the first quarter of 2026, a 4 percent annual increase in deal volume, according to Ansarada’s latest Middle East M&A Market Analysis report.

The figures point to continued resilience in the Kingdom’s dealmaking market despite regional geopolitical uncertainty, with Ansarada saying long-term investor confidence remains intact.

The M&A activity comes as Saudi Arabia seeks to expand private-sector participation and attract investment under Vision 2030.

Supported by the Public Investment Fund and ongoing economic reforms, the Kingdom has remained a focal point for regional and international investors even as geopolitical tensions and higher financing costs have tempered dealmaking activity across some markets.

Across the Middle East, 196 announced deals were recorded in the first quarter of 2026 with a combined value of $23.3 billion, compared with 207 pacts worth $31.3 billion in the same period last year.