image description
image description

Archives


  • 01-08-12

    Q2 MENA IPOs raise 1.29b: E&Y

    (MENAFN) A new report by Ernst & Young (E&Y) showed that initial public offerings (IPO) in the Middle East and North Africa stood at USD1.29 billion during the second quarter of 2012, Arabian Business reported. The April-June period saw the launch of five IPOs in the region, with the value almost three and a half times more than the USD374.77 million raised a year earlier, according to E&Y's MENA Q2 2012 IPO Update. The figure was 15.46 times larger than the USD82.8 million raised in the first quarter, the report said. A total of USD1.37 billion was raised in the IPO markets by regional companies during the first half of the year, about 350 percent larger than the USD396.47 million a year earlier, the report added.

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved