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Email this article: MENA IPOs raise US$82.8 million in first quarter, says Ernst & Young report
Posted: Sat May 5, 2012 2:46 pm
UAE. Two Saudi IPOs in first quarter and one each in Morocco and Tunisia ; Global IPO activity falls to lowest level since second quarter 2009.
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UAE. There are more negative than positive factors likely to impact oil prices in the short term. With current oil net-long speculative positions at an elevated level, a slight change in traders' outlook would lead to a significant selloff.
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