June 17th, 2021 - 07:00 GMT
According to the EY MENA IPO Eye Q1 2021 report, the MENA region saw three IPOs raise total proceeds of US$294.8 million during the first quarter of 2021, a 64% drop in proceeds raised when compared with the same period in 2020. The three issuances were in the transport, power and utilities and real estate sectors. Despite expectations for an increase in activity after an uptick in issuances in Q4 2020 - which saw four IPOs and US$925 million in proceeds – the IPO market in the MENA region had ...
