The GCC's IPO market remained resilient in 2024, securing 30 new listings that raised $5.2 billion in just nine months, indicating robust investor interest.
Demand for new equity offerings is at unprecedented levels, with Lulu Retail Holdings seeing $37 billion in orders for its $1.72 billion IPO.
The GCC is projected to grow at around 4% annually until 2028, driven by a tech-focused IPO boom that may reshape regional markets.
With a notable rise in tech IPOs, like Talabat’s $2 billion listing, the region is expanding its investment opportunities, demonstrating strong investor appetite.
Collection
[
|
...
]