Page 44 - ALEF EDUCATION PR REPORT - AUGUST 2024

years, in which Beyout Investment Group Holding Company raised $147 million.

The report shows that IPO activity was seen across a diverse range of sectors this quarter,
including Health Industries ($774 m), Consumer Markets ($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 $10 billion compared to $2.6 billion in the same period last year, indicating a
strong appetite for Sharia-compliant financial products.

https://en.aletihad.ae/news/uae/4507054/uae-ipos-raise--890-million-in-q2-2024