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IPOs decline 69.3% in Mena region, says report

Thu, 2012-01-12 12:57 — newsdesk

Ernst & Young's year-end Mena IPO update stated that the regional capital markets have raised $843.9m in 2011, down 69.3% from $2.8bn in the previous year. It seems that the year has closed with IPO funds worth $226.1m raised in the fourth quarter, a decline of 83.5% from $1.4bn raised in the corresponding quarter a year earlier.

Source: 

http://www.ameinfo.com/285915.html