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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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SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.
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