The UAE is leading regional mergers and acquisitions deals with a total value of $25.4 billion, driven by the chemicals and technology sectors contributing 67% of the total value. Major deals include Borealis AG and OMV AG acquiring a 64% stake in Borouge PLC for $16.5 billion. The industrial products and technology sector topped local deal values, with the largest local deal being Group 42 acquiring a 40% stake in Khazna Data Center for $2.2 billion. Austria emerged as the largest inbound investor, accounting for 77% of inbound deal value, while the UAE and Saudi Arabia accounted for 87% of outbound deal value, supported by government-related entities. Government entities and sovereign wealth funds participated in 54 deals worth $21 billion, targeting the chemical, technology, and industrial sectors in line with their long-term diversification strategies.