Goldman Sachs ranked first among financial advisers for mergers and acquisitions in the Middle East and Africa during the first quarter of 2026, topping the table by both deal value and number of transactions, according to GlobalData.

Figures from GlobalData’s Financial Deals Database show the bank worked on three transactions with a combined value of $34.8bn.

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In the value ranking, KPMG came second with advised deals worth $7.5bn.

JPMorgan was next with $6.7bn, followed by Guggenheim Partners on $6.2bn and Bank of America on $4.7bn.

In the volume table, KPMG was second with two deals.

JPMorgan and Rothschild & Co also advised on two deals each, while Guggenheim Partners advised on one transaction.

GlobalData lead analyst Aurojyoti Bose said: “Though Goldman Sachs led by both value and volume, it is way ahead in terms of value outpacing its peers by a significant margin. This was primarily due to its involvement in the $33.4 billion deal for the acquisition of AES by consortium of acquirers.”

GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available on the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names.    

To ensure further robustness to the data, the company also seeks submissions of deals from leading advisers.