The United Arab Emirates and Saudi Arabia took the lead by number of deals in 2019, with 44% and 25%, respectively of all deals. Both countries took the lead by number of deals, followed by Bahrain (11%), Oman (11%) and Kuwait (6%). Although the United Arab Emirates witnessed a drop of 37% in its share of GCC investment activity, neighboring countries such as Saudi Arabia have shown constant growth over the last few years, with investors' appetites to invest in the region have increased by tenfold.