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MENAFN - 15/04/2014
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(MENAFN) MENA made as much as USD1.3 billion out of initial public offerings in the first quarter of the current year, or 21 percent lower than the same period in 2013, according to Arab News



Phil Gandier, MENA head of Transaction Advisory Services, EY, says: "The MENA IPO market is off to a slower start in the first quarter compared to the same period last year, however compared to IPO performance over the past few years, Q1, 2014 has been one of the best performing quarters. The recently announced Emirates REIT and Marka IPOs will spur further IPO activity and point the way to high levels of activity through the first half of 2014.



The largest IPO was with the Qatar-based Mesaieed Petrochemical Holding Company raising USD905 million, followed by Gulf Marine Services from the UAE raising USD275 million in the first quarter of 2014



The remaining IPOs were with Saudi Marketing Company, raising USD72 million on the Tadawul stock exchange in Saudi, followed by Sotipapier in Tunisia, raising USD26 million and Cellcom in Tunisia raising USD6 million

 


MENAFN




  MENA News Headlines
 Sep 21 2014 - Kuwait Bourse Indices Close in GreenQatar News Agency
(MENAFN - QNA) Main indices of the Kuwaiti bourse were in the green zone upon closing on Sunday with the weighted, the price, and the KSX 15 indices up by 1.67, 13.85, and 4.72 points ...

 Sep 21 2014 - Elaraby Discuss Support of Palestinian Rights with Australian FMQatar News Agency
(MENAFN - QNA) Arab League Secretary-General Dr. Nabil Elaraby discussed with Australian Foreign Minister Julie Bishop on the sidelines of the 69th session of the United Nations General Assembly. ...

 Sep 21 2014 - Dr Al-Awadhi outlines Alzheimer's symptoms advises 'special care'Arab Times
(MENAFN - Arab Times) KUWAIT CITY Sept 20 (KUNA): Kuwait along with other nations of the globe mark Sept 21 as 'World's Alzheimer Day' a widelyspread illness suffered by approximately 35 million ...

 Sep 21 2014 - Gold Prices Continue to FallQatar News Agency
(MENAFN - QNA) Gold price continued dropping for the past eight months to reach its lowest at USD 1,214 per ounce amid hike of the US dollar, said an economic report on Sunday. Sabaek Company ...

 Sep 21 2014 - Qatar Confirms Human Rights Promotion is Strategic OptionQatar News Agency
(MENAFN - QNA) The State of Qatar has confirmed that the issue of promoting and protecting human rights is a strategic option for the state and forms the backbone of the comprehensive reform, ...

 Sep 21 2014 - Qatar Confirms Human Rights Promotion is Strategic Option -1-Qatar News Agency
(MENAFN - QNA) HE Assistant Foreign Minister for International Cooperation and Head of Qatar's delegation in front of the Human Rights Council Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani said ...

 Sep 21 2014 - Industries Qatar Announces Changes to Board of Directors and Executive ManagementQatar News Agency
(MENAFN - QNA) Industries Qatar (IQ) issued a brief statement regarding changes by Qatar Petroleum to IQ's Board of Directors and executive management in line with its authority under IQ's Articles ...

 Sep 21 2014 - HH the Emir Sends Congratulations to Presidents of Malta and ArmeniaQatar News Agency
(MENAFN - QNA) HH the Emir Sheikh Tamim bin Hamad Al-Thani sent Sunday a cable of congratulations to President of the Republic of Malta Marie Louise Preca on the occasion of her country's National ...

 Sep 21 2014 - HE Premier Sends Congratulations to Presidents of Malta and ArmeniaQatar News Agency
(MENAFN - QNA) HE the Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa Al-Thani sent Sunday a cable of congratulations to President of the Republic of Malta Marie Louise ...

 Sep 21 2014 - HH the Emir Receives Written Message from Gambia's PresidentQatar News Agency
(MENAFN - QNA) HH the Emir Sheikh Tamim bin Hamad Al-Thani has received a written message from President of the Republic of Gambia Yahya Jammeh pertaining to bilateral relations and issues of common ...

more...


 






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