14 MENA IPOs raised $2.64bn in Q2 2024, a 45.3% increase from the previous year, led by Saudi Arabia and the UAE.
14 IPOs in MENA raised $2.64bn in Q2 2024, a 45.3% increase from the same period last year. Saudi Arabia and the UAE led the surge, with Dr. Soliman Abdul Kader Fakeeh Hospital Co.'s listing contributing 29% of the region's total proceeds. The MENA IPO market is expected to remain active, with 16 private companies and seven funds planning to list on MENA exchanges for the remainder of 2024.
August 13, 2024
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