Page 46 - ALEF EDUCATION PR REPORT - AUGUST 2024
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8/15/24, 2:37 PM UAE IPOs raise $890mln in Q2 2024
The report shows that IPO activity was seen across a diverse range of sectors this quarter, including
Health Industries (US$774 m), Consumer Markets (US$530 m), Financial Services (US$256 m),
Energy, Utilities and Resources (US$148 m), Industrials, Manufacturing and Automobile (US$407 m),
and Technology, Media and Telecommunication (US$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.
RELATED TOPICS
EQUITIES MARKETS UAE MIDDLE EAST IPO
https://www.zawya.com/en/markets/equities/uae-ipos-raise-890mln-in-q2-2024-jnslbyap 2/2
