Kuwait Financial Center

Saudi Arabia, UAE lead GCC IPO activity with $1.7bn raised in Q3: Markaz

Saudi Arabia, UAE lead GCC IPO activity with $1.7bn raised in Q3: Markaz

  • UAE dominated the quarter’s activity, leading the region with $1.1 billion in IPO proceeds
  • Saudi Arabia followed with $512 million from its IPOs, contributing 31% to the overall regional total
By Nirmal Narayanan ·