Browse related articlesMideast IPOs raise $12.8bn in 2007
Sunday, January 20 - 2008 at 11:22
A total of $8bn was raised through IPOs in the Middle East during the third and fourth quarters of 2007 combined, bringing the total funds rose last year to $12.8bn, according to the Global Ernst & Young quarterly IPO update. The largest IPO was that of Kingdom Holding in KSA which raised $860m. Saudi Arabian IPOs raised the most funds in Q3, followed by Egypt, where GB Auto raised $216m.
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Jeff Florian, Senior ReporterSunday, January 20 - 2008 at 11:22 UAE local time (GMT+4)
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