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The report shows that IPO activity was seen across a diverse range of sectors this quarter, including
Health Industries ($774 m), Consumer Markets (US$530 m), Financial Services ($256 m), Energy,
Utilities and Resources ($148 m), Industrials, Manufacturing and Automobile ($407 m), and
Technology, Media and Telecommunication ($515 m).
The report noted that there was a large number of Sukuk issuances during the quarter, which raised
more than US$10 billion compared to US$2.6 billion in the same period last year, indicating a strong
appetite for Sharia-compliant financial products.
https://www.khaleejtimes.com/business/uae-ipos-raise-890-million-in-q2-2024
