Oil, tech and Tom Cruise fuel surge in Mideast IPOs
As Gulf generates buzz in sports and entertainment, investors follow the money to stock exchanges in Riyadh and Dubai
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When Jamjoom Pharma sold a 30% stake in its generic drug business on Saudi Arabia’s Tadawul stock exchange in June, the company raised $336 million and generated new interest in the Gulf amid an IPO drought in other markets.The...
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