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Gulf sees IPO revival
- United Arab Emirates: Saturday, July 26 - 2008 at 10:06
The Gulf region is showing ample signs it is once again hungry for new initial public offering (IPO) issues, Gulf News has reported. Following recent IPO offerings, the report cited Drake & Scull's oversubscription, and the changing trend in the market. The report noted Ajman Bank and insurer Takaful Emarat's performance.
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Medilyn Manibo, Assistant News EditorSaturday, July 26 - 2008 at 10:06 UAE local time (GMT+4)
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