SAUDI BANK IPO LEADS SURGE OF NEW SHARE ISSUES

SAUDI BANK IPO LEADS SURGE OF NEW SHARE ISSUES

Capital Markets | Middle East Equity
The Middle East is experiencing a boom in initial public offerings, following years of relative inactivity since the global financial crisis. The area’s IPO markets began to recover in the fourth quarter of last year, and new share issues are now coming at a fever pitch, despite falling oil prices that could threaten regional economies.