Saturday 12 July 2014

Mena IPOs raise record $1.6bn in Q1

  The regional capital markets in the Middle East and North Africa recorded a twenty-fold increase in capital raised during the first quarter through three IPOs which soared to $1.6 billion compared to last year's $82.8 milli


GCC Islamic bank assets surge 14pc to $445bn

The Sharia-compliant assets at commercial banks in the GCC region climbed 14.1 per cent from a year earlier to $445 billion at the end of 2012, according to a report. While Islamic banking assets posted solid growth the conventional ban


Mena IPOs hit record $1.29bn in Q2

The companies in the Middle East region raised a total of $1.29 billion through five initial public offerings (IPOs) in the second quarter of 2012, up 344 per cent when compared to the same period last year, said a report. This is almos


Experts discuss Mena tax landscape

More than 250 senior finance and tax professionals outlined the evolving tax landscape in the Mena region at a key summit hosted by the Ernst & Young in Dubai on Sunday. The 'E&Y Mena Tax Conference 2012' was aimed at promo


Mena IPO value up 24pc in Q3

The value of initial public offerings (IPOs) in the Mena region surged 23.6 per cent to $218.9 million in the third quarter compared to $177.04 million last year, according to a report by Ernst & Young. E&Y in its IPO upd

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