IPO Fever
Saudi IPOs raised $2.1 billion in first half of 2024, leading GCC
Bumper first half of the year represented a 141% increase in funds raised via public offerings by Saudi companies from the same period in 2023
Saudi Arabia's Tadawul stock exchange. (Getty Images)
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IPO fundraising jumped in Saudi Arabia during the first half of 2024 while slowing in other Gulf markets.
Saudi companies raised $2.1 billion in 19 offerings, a 141% increase from the first half of 2023, according to Markaz, the...