GCC Capital Markets Watch

On a quarterly basis, GCC Capital Markets Watch surveys IPOs on the GCC’s principal stock exchanges and market segments in addition to conventional bonds and Sukuk issuance.

All market data is sourced from publically available information and has not been independently verified by PwC.

Latest issue

Slow start to the year for GCC IPO activity

IPO activity in the GCC was slow in Q1 2018, with Tadawul being the only active IPO market. The GCC is a region well known for real estate investment, and the main theme in the equity markets for this quarter has been REIT IPOs. The outlook for the remainder of 2018 is difficult to predict. Challenges continue to exist in the private sector and although oil prices have rebounded, the impact of increased government spending is yet to materially positively impact the sector.

 

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Steve Drake
Middle East Risk Assurance and Capital Markets Leader
Tel: +971 4 304 3421
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