Mergers and acquisitions, reorganizations, and even critical challenges such as fraud and litigation are all matters that companies might come to face during their business lifecycles. The 5 Deloitte thought leadership reports listed herein provide a comprehensive take on the major trends and aspects shaping the Financial Advisory Services industry in the Middle East.
1. Deloitte Equity Capital Markets Confidence survey: From a trot to a canter? (Deloitte Corporate Finance Limited, Middle East, October 2013)
Whilst the regional and international equity markets have generally been depressed post global financial crisis, early signs of recovery are appearing with higher volumes being traded on some of the regional exchanges, and more interest from foreign investors. On the other side, the GCC economies are showing positive signs of recovery across a multitude of sectors, including retail, tourism, real estate and infrastructure. According to Deloitte Middle East’s first Equity Capital Markets Confidence Survey, “From a trot to a canter?”, the Tadawul (Saudi Stock Exchange), the Dubai Financial Market (DFM) and the Qatar Exchange (QE) are expected to be the most active GCC exchanges over the next 12 months, and there is a strong pipeline of issuers looking to launch IPOs regionally as well as on international stock exchanges; http://bit.ly/1bRyJDQ
2. GCC Private Equity Confidence survey (Deloitte Corporate Finance Limited, Middle East, September 2013)
The results of Deloitte’s sixth MENA Private Equity Confidence Survey, which serves to provide a barometer of market perception and confidence amongst private equity professionals investing within the MENA region, confirm a continued optimism for growth in the regional investment activity, but a shift in immediate focus for many General Partners (GPs) towards asset monetization, from vintage funds and capital raising, for a new round of acquisitions. The survey confirms that market confidence remains high with over 65% of respondents expecting an increase in investment activity over the next year, primarily driven by convergence of the buyer-seller valuation gap and higher levels of free cash in both corporates and family offices; http://bit.ly/19BPq9m
3. Saudi Mortgage Laws: A formula for a well-functioning market? (Deloitte Corporate Finance Limited, Middle East, July, 2013)
Over the last five years the Government of Saudi Arabia has continued to invest considerable amounts of oil revenue into the public sector and in initiatives designed to enhance the life of Saudi nationals. A key part of this program has been the implementation of the finance law, a package of related legislation comprising five laws. It is useful to examine these laws before looking in more detail at their impact on the development of a functional primary mortgage market in the Kingdom; http://bit.ly/1a2mXY4
4. Insight into the Qatar construction market and opportunities for real estate developers (Deloitte Corporate Finance Limited, Middle East, July 2013)
The Deloitte report entitled ‘Insight into the Qatar construction market and opportunities for real estate developers’ examines the construction market in Qatar and assesses opportunities for real estate developers in the country. Having been selected to host the FIFA World Cup in 2022 brought forth the opportunity for Qatar to position itself as a regional sporting hub. Qatar National Vision 2030 and programs such as Q2022 are focusing on leaving a legacy for Qatar in terms of football, infrastructure and economic development. The Deloitte report looks into the government’s strategy of promoting sustainable tourism with the purpose of attracting more tourists and visitors. Projects such as the Qatar-Bahrain causeway is an example of this strategy, as it will help drive regional tourist arrivals in Qatar; http://bit.ly/12ckKDr
5. Forensic Data Collection in the GCC: Ensuring your electronic review doesn’t fall at the first hurdle (Deloitte Corporate Finance Limited, Middle East, June 2013)
Companies undertake electronic document reviews when defending themselves in disputes, conducting investigations and when responding to regulators. The foundation of any review is the forensic collection of company data. How do companies ensure that they get value for money, the right advice, the right solution and don’t undermine the whole process from day one?; http://bit.ly/17HgqCm
About Deloitte Corporate Finance Limited- Middle East
Financial Advisory Services – FAS at Deloitte Middle East plays an important role in the development of business in the region in a variety of ways, be it through the diversification of the economy, the development of the government sector, the transformation of family businesses to become world class companies, or in helping to attract investment from new quarters such as the fast growing economies to the East.
Deloitte’s FAS encompasses a wide array of services including:
*Business modeling, which is about articulating and evaluating business plans, strategies and options to assist in decision-making;
*Corporate finance advisory, which advises strategic and transactional objectives, whether buying or selling a business or investment, or seeking funding via debt and equity finance, both privately and via public markets;
*Infrastructure and capital projects, which help clients that face considerable pressure from delays, revisions and risks arising from inadequate planning, unreliable project reporting, misaligned financing, indeterminate liability and cost overruns;
*Reorganization services, which provides a wide range of products from performance improvement to contingency planning in order to facilitate solutions for stressed and distressed businesses and their stakeholders;
*Transaction services, which provide a range of tailored services that add value throughout the process, from financial assessment of a target company through to assistance with preparation for sale or IPO to achieve a successful exit; and
*Valuation services, which provides valuation advice needs to be the right blend of analysis, experience and professional judgment.