Tuesday 31, July 2012 by Isla MacFarlane
MENA IPOs up 344 per cent in Q2 2012
According to Ernst & Young’s MENA Q2 2012 IPO Update, regional companies raised a total of $1.29 billion through five initial public offerings (IPOs) in the second quarter of 2012 – almost three and a half times more than the $374.77 million raised in the second quarter of 2011 and 15.46 times more than the $82.8 million raised in the first quarter of this year.
