Monday 03, November 2008 by
Q3 IPO market in Middle East down but not out
Though capital raised was down 23 percent in the region quarter on quarter, regional markets fared much better compared to global markets. Funds raised globally were down 66 per cent and there have been 108 fewer deals, the lowest activity level seen since 2003, following the dotcom collapse, according to the quarterly Global IPO update from Ernst & Young.
