Page 138 - ALEF EDUCATION PR REPORT - AUGUST 2024

8/14/24, 12:06 PM Middle East sees surge with 14 IPOs raising $2.64 billion, led by UAE, Saudi Arabia
According to the report, the remainder of 2024 is set to see strong activity in the IPO market, with 16 private companies and
sectors planning to list on MENA exchanges.

Globally, IPO activity declined in comparison to Q2 2023, down 15 percent from 317 to 271, with proceeds down by 31 perc
$27.8 billion.

https://www.australiannews.net/news/274491747/middle-east-sees-surge-with-14-ipos-raising-264-billion-led-by-uae-saudi-arabia 2/2