Posts Tagged ‘Libyan government’
Jul 15 2010
DUBAI – Resuming its robust growth trend, Initial Public Offering (IPO) activity in the Middle East and North Africa region rose significantly in the first quarter of 2010 with the volume of funds raised almost doubling compared to the corresponding period last year, according to Cayman Islands-headquartered alternate asset management major, Al Masah Capital.
Regional IPOs in the first quarter of the fiscal raised $6.8 billion through 62 issues compared to $3.7 billion in Q1 2009 through 29 issues, signaling a strong recovery in the IPO market, Al Masah Capital said in its Q1 2010 IPO update on Monday.
