IPO Market Performance in the GCC Region

IPO activity in the GCC region - which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates – saw a spike in the last year. Ali Abbas, senior regional consultant for Turkey and the Middle East and Africa, explains some of the larger IPOs and looks towards economic activity for the region in 2012. The largest IPO for 2011 was UAE's Eshraq Properties Company, with a total offering of US$229.1 million. The rise of real estate activity paired with government spending is likely to trigger more economic activity in the region in 2012.Lots of brands claim to be number one… but can they prove it?At Euromonitor International, we help brands build trust through evidence-based research. Our claim validation service ensures your marketing messages are backed by real data. Stand out in a crowded market. Visit euromonitor.com/claims to learn more.