Goldman Sachs was the top mergers and acquisitions (M&A) financial adviser in the Middle East & Africa region during the first quarter (Q1) of 2026 by both value and volume, according to the latest financial advisers league table by GlobalData, a leading intelligence and productivity platform.

An analysis of GlobalData’s Financial Deals Database reveals that Goldman Sachs achieved the leading position by advising on three deals worth $34.8 billion.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “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.”

KPMG occupied the distant second position in terms of value, by advising on $7.5 billion worth of deals, followed by JPMorgan with $6.7 billion, Guggenheim Partners with $6.2 billion and Bank of America with $4.7 billion.

Meanwhile, KPMG occupied the second position in terms of volume with two deals, followed by JPMorgan with two deals, Rothschild & Co with two deals and Guggenheim Partners with one deal.