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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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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 |
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