- It appears the Gulf region is gearing up to continue its impressive listing momentum, with the GCC continuing to draw initial public offers. As Kamco Invest's research suggests, there could be another 27-39 companies in the region ready to take the plunge and float their shares.
- As Dubai's economy continues to flourish, more and more public and government enterprises are considering taking the plunge into the public stock market. At the first MENA IPO Summit in Dubai, panelists noted that the optimal time for family offices and small to medium-sized businesses to list and raise capital for stability and expansion is now.
Why it matters
Strong investor demand has resulted in a wave of IPOs in the GCC region as economies quickly emerge from the slump brought on by the coronavirus and liquidity is bolstered by high oil prices. The region saw 48 IPOs launched in 2022 compared to 20 in 2021.
