PwC Middle East Media Centre

Press releases & articles

Recent press releases

Volatile oil prices and geopolitical uncertainties continue to take centre stage, the region witnessed a record year in sovereign bond issuance eclipsing a sluggish IPO performance

IPO activity in the Gulf Cooperation Council (“GCC” or the “Gulf”) remained lacklustre during Q4 2016. Investors sentiment continue to be affected by ongoing geopolitical uncertainty, government’s additional austerity measures accompanied by further spending cuts, whilst regional stocks indexes remained bearish throughout the year a late rally in oil prices helped ease the pressure on regional budget constraints.

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