Value of GCC IPOs hit $4bn in Q1
United Arab Emirates: Wednesday, April 09 - 2008 at 10:11
A new report by Gulf Capital has found that the value of IPOs issued by GCC countries in the first quarter of 2008 exceeded that of last year's by 351%, to rise to $4bn, compared to $900m in the first quarter of 2007. During the first quarter of 2008 a total of eight IPOs were completed, remaining unchanged when compared to their number in the same period last year.
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Jeff Florian, Senior ReporterWednesday, April 09 - 2008 at 10:11 UAE local time (GMT+4)
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