Page 133 - ALEF EDUCATION PR REPORT - AUGUST 2024

8/14/24, 12:05 PM Middle East sees surge with 14 IPOs raising $2.64 billion, led by UAE, Saudi Arabia

Middle East sees surge with 14

IPOs raising $2.64 billion, led

by UAE, Saudi Arabia

WAM

13th August 2024, 21:53 GMT+10

ABU DHABI, 13th August, 2024 (WAM) -- The IPO market in the Middle East and

North Africa (MENA) region remained resilient during the second quarter of this

year, with 14 IPOs registering total proceeds of US$2.64 billion, up 45.3 percent

compared to the same period last year.

According to the Ernst & Young report on IPO activity in the MENA region, the
second quarter of this year saw the listing of Dr. Soliman Abdul Kader Fakeeh

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