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EY: 2022 was a record year for MENA IPOs with 51 listings – Business – Economy and Finance

Joseph Nchor by Editorial Staff
January 31, 2023
in Finance
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According to the EY MENA IPO Eye Q4 2022 report, the MENA region saw a record number of IPOs in 2022 with 51 IPOs and combined proceeds of US$22.0 billion. The year witnessed a 143% increase in the number of listings when compared to the 21 announced in 2021, and a 179% hike in value when compared to last year.

The strong run across the MENA region’s markets included 20 IPOs in Q4 2022 that raised US$7.3 billion in…



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