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Dubai: The GCC capital market activity is seen picking up as the regional economies have transitioned to a ‘new normal’ characterised by uncertainties, according to Pwc’s GCC Capital Markets Watch survey. “GCC IPOs [initial public offerings] have resumed albeit with limited activity. In contrast, the debt market has been highly active and we expect the debt market activity to continue in the near future,” said Mohamed ElBorno, Partner, Head of Assurance at PwC Middle East. Resilient primary market Despite the uncertainties experienced in 2020 due to the pandemic, GCC witnessed seven IPOs totalling $1.6 billion in proceeds. Tadawul continued to be the most active GCC stock market in 2020 contributing 86 per cent of the total proceeds raised and 57 per cent of the number of listings. ....
UAE Business: GCC capital markets show signs of recovery gdnonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gdnonline.com Daily Mail and Mail on Sunday newspapers.
GCC capital markets show signs of recovery DUBAI, January 27, 2021 Despite the headwinds brought on by the pandemic, GCC equity capital markets were able to sustain a reasonable level of activity with strong government support and significant stimulus measures globally.
With the ‘new normal’, GCC IPOs have resumed albeit with limited activity. In contrast, the debt market has been highly active and we expect the debt market activity to continue in the near future, PwC said in a report.
During 2020, initiatives were taken in the Kingdom of Saudi Arabia and UAE to facilitate equity capital market activities on their respective stock exchanges: ....
GCC Capital Markets on Right Track for Full Recovery Published January 27th, 2021 - 02:00 GMT With the ‘new normal’, GCC IPOs have resumed albeit with limited activity. (Shutterstock) Despite the headwinds brought on by the pandemic, GCC equity capital markets were able to sustain a reasonable level of activity with strong government support and significant stimulus measures globally. With the ‘new normal’, GCC IPOs have resumed albeit with limited activity. In contrast, the debt market has been highly active and we expect the debt market activity to continue in the near future, PwC said in a report. During 2020, initiatives were taken in the Kingdom of Saudi Arabia and UAE to facilitate equity capital market activities on their respective stock exchanges: ....