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8/15/24, 2:40 PM UAE Ipos Raise $890 Million In Q2 2024
Kuwait in two years, in which Beyout Investment Group Holding Company raised US$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 (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://menafn.com/1108556001/UAE-Ipos-Raise-890-Million-In-Q2-2024 2/2
