EghtesadOnline: As the price of oil stays stubbornly low, investors in the Middle East are turning to deals. Mergers and acquisitions activity in the Persian Gulf region is set to accelerate as lower oil prices force governments and corporations to consolidate fragmented industries, according to Bank of America Corp.

EghtesadOnline: As the price of oil stays stubbornly low, investors in the Middle East are turning to deals. Mergers and acquisitions activity in the Persian Gulf region is set to accelerate as lower oil prices force governments and corporations to consolidate fragmented industries, according to Bank of America Corp.