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Top 5 GCC IPOs by proceeds during H1
of 2024
GCC region raised total proceeds of $3.6 billion from 23 IPOs during
the first six months of 2024
Alef Education's IPO raised a total of $515 million in proceeds, making it the second-largest IPO in
2024 so far
The Gulf Cooperation Council (GCC) region’s IPO market has witnessed
remarkable growth in the last few years. In its latest report titled ‘Initial Public
Offerings (IPO) in the GCC markets’, the Kuwait Financial Center (Markaz)
reveals that the GCC region raised total proceeds of $3.6 billion from 23 initial
public offerings (IPOs) during the first six months of 2024. The report also
https://economymiddleeast.com/news/top-5-gcc-ipos-by-proceeds-during-h1-2024/
