Home NewsKuwait GCC IPOs raise USD 931 million in Q1 2024 – ARAB TIMES – KUWAIT NEWS

GCC IPOs raise USD 931 million in Q1 2024 – ARAB TIMES – KUWAIT NEWS

by admin
25 views


This news has been read 641 times!

Kuwait City, May 12: Kuwait Financial Centre “Markaz” released its research report titled “Initial Public Offerings (IPO) in the GCC markets”, stating that the region has raised total proceeds of USD 931 million through 9 offerings during the first three months of 2024, marking a year-on-year decline in value by 73% compared to the first quarter of 2023, where issuers raised USD 3.5 billion through 12 offerings.

Geographical Allocation:

Markaz’s report stated that Saudi Arabia…



Source link

You may also like

About Us

GCC Weekly™ curates,  aggregates and disseminate socio-economic, technology and political news about the Gulf Corporation Council (GCC) member countries. Six Middle East countries that make GCC are Bahrain, Oman, Kuwait, Saudi Arabi, Qatar and United Arab Emirates.

 

GCC Weekly™, in collaboration with Arab Newswire, publishes and distributes press releases to media in the GCC countries. For more information on press release distribution, complete the form on the right or contact us by using any of the social media handles shown below.

 

WhatsApp: +1 832-716-2363
Skype: groupwebmedia
Telegram: @groupwebmedia

Contact Us

Recent News

GCC Weekly™ is part of GroupWeb Media Network. © 2024 GroupWeb Media LLC