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Wednesday 04, January 2012 by Robin AmlĂ´t

MENA IPOs raise $843.9 million in 2011: Ernst & Young

Ernst & Young’s year-end MENA IPO update, says regional capital markets raised $843.9 million in 2011, compared to $2.8 billion in 2010, a decline of 69.3 per cent. The year closed with IPO funds worth $226.1 million being raised in Q4 2011, a decline of 83.5 per cent from $1.4 billion raised in Q4 2010.