Initial public offerings in the Middle East have flourished this year thanks to higher prices that have seen increased investor interest in the region. This has resulted in IPO proceeds from the Middle East so far this year accounting for close to 50 percent of total IPO proceeds across the wider Middle East, Africa, and Europe region, Bloomberg has reported.
Inflation pressured IPO markets in other parts of the region, notably in Europe, but in the Middle East, the situation is quite the opposite, with stock markets surging along with oil prices…High Oil Prices Ignite The Middle Eastern IPO Market
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