Mideast Ipos Drop 87% In H1 Of '09 - Congoo

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Mideast IPOs drop 87% in H1 of '09

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Zawya.com | July 04, 2009

JEDDAH - Middle East companies launched fewer initial public offerings (IPOs) in the first half compared with a year earlier as choppy regional markets and concerns over the global financial crisis weighed on sentiment, Zawya.com data showed. Capital raised through IPOs in the region fell 87 percent...

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