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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds), Performance more

Value of MENA IPOs slump by nearly 70pct in 2011

Posted on 04 January 2012

Capital markets in the Middle East and North Africa (MENA) raised $893.9m in initial public offerings in 2011, a decline of nearly 70 percent on the previous year, Ernst & Young said on Tuesday.
Last year closed with IPO funds worth $226.1m being raised in the fourth quarter, a decline of 83.5 percent from $1.4bn raised in Q4 2010………………………………………..Full Article: Source

 
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