06.07.2009 - Mena IPOs down 87% in first half of 2009
From Business24-7.ae: IPO activity in the Middle East and North Africa (Mena) declined by a staggering 87 per cent during the first half of 2009 compared to the corresponding period of 2008, data showed. According to Zawya.com data, Mena markets collectively raised $1.21 billion (Dh4.44bn) in H1 2009, down from $9.3bn during the same period last year.........Full Article: Source
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