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

Saudi leading 2010 GCC IPO activity

Posted on 19 July 2010

From Menareport.com: PricewaterhouseCoopers (PwC), a leading international professional services organisation, has found initial public offering (IPO) activity in the Kingdom of Saudi Arabia (KSA) still to be leading the regional IPO activity in the first half of 2010 with seven of the eight taking place in KSA.
The number of IPOs was up slightly on the seven in the first half of 2009 however the total amount raised at the end of June 2010 was USD830 million, 31.4% lower than the USD1,209 million raised during the same period in 2009……………………………………….Full Article: Source

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