The league's spending exceeded that of four of Europe's "big five" leagues with only Britain's Premier League clubs splurging more on transfers than those in the Middle Eastern country.
"I think we accomplished what we wanted to accomplish, which was to get our foot into the market and compete aggressively," Emenalo said in an interview on the SPL website.
"But, also, we wanted to do that while giving every single club in the league an opportunity to improve. I believe we accomplished that.
"And I believe that, what you're seeing, in terms of the quality of the games and the performance of most of the acquired international players, is a vindication that the transfer market has been relatively well."
Asked if the coming transfer window would also have a flurry of activity, Emenalo said: "I'm hoping it's not very busy, because I think the job that was done has been quite interesting and aggressive, and most of the clubs, I believe, have what they need.
"And hopefully the attention will now turn to work within the training facilities to improve these players and to allow the time to adapt and perform.
"Now, whatever additional improvement that we need to do for any club, with time on our hands and preparation, we believe will be additions of the highest level."