Monday, April 9, 2012

Backlog of Gulf IPO plans finally cleared after long wait

Companies hurried to prepare share sales during the first quarter as Dubai and Saudi Arabia's stock markets entered bull territory, the euro-zone debt crisis eased and much of the turmoil of the Arab Spring abated.

As Gulf markets began this year in bullish mood, a number of companies dusted off plans for IPOs planned before markets fell after the global financial crisis
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Source: http://www.albawaba.com/business/gulf-ipo-419947

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