KUWAIT: The GCC markets raised a total of US$931 million through nine IPOs in Q1 2024. Saudi Arabia had eight IPOs while the UAE handled one, according to a research report by Kuwait Financial Centre Markaz.
This total was a year-on-year decline in value by 73% compared with Q1 2023, where issuers raised US$3.5 billion through 12 offerings.
Categories:
EquitiesRestricted Access
Login to continue reading (existing subscriber)
Subscribe NOW and get:
- Gain unlimited access through all key operating platforms
- Full access to all listed Islamic funds & fund profiles
- Unlimited access to all Islamic fund managers
- Access to all exclusive articles, reports, podcasts & videos
- Complimentary access to all IFN Investor Forums
