Mergers and acquisitions experienced a downturn in the past year, primarily driven by challenges in 2022. Global deal values fell by 36% compared to their peak in 2021. However, there is a sense of optimism regarding their resurgence in the current year.

Middle East Managing Partner, Tom De Waele, shares his insights with CNBC Arabia on the M&A activity in the region and how sovereign wealth funds (SWFs) are using M&A to transform economies.

See more on CNBC Arabia.