Friday 19 April 2024
 
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IPO market

Saudi Arabia 'to become most active IPO market'

Saudi Arabia will become the region’s most active market for IPOs (initial public offerings) and private equity investment if government plans to boost the economy are successful, according to experts set to speak at Euromoney Saudi Arabia

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GCC IPO market 'remains sluggish'

The GCC initial public offering (IPO) market continues to remain sluggish with only two listings in the third quarter of the year compared to three in the second quarter, according to PwC, a leading international professional services organisation

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ME capital markets perform better

Middle East markets resisted the dramatic global downturn in the IPO market by raising $3.61 billion in the third quarter of 2008 from 12 initial public offerings (IPOs) compared to $4.72 billion from 13 IPOs in the second quarter of 2008.

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