News - MENA & GCC : Middle East IPO values plunge 95% to lowest level in five years – Ernst & Young
Source: Middle East Insurance Review | Jul 2011
The value of initial public offerings (IPO) in the Middle East plunged 94.8% this first quarter of 2011 to US$21.7 million, the lowest in five years as regional unrest and underperforming stock markets affected investor appetite for fresh offerings, said Ernst & Young in a report.
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