Middle East Economic Survey

VOL. LIV

No 21

23-May-2011

REGIONAL

Regional Turmoil Has Impacted IPO Plans, Says PwC

Recent political and economic upheaval in the GCC region has negatively impacted investor confidence with a number of companies reassessing their initial public offering (IPO) plans and either deferring or shelving future IPOs, PricewaterhouseCoopers (PwC) said in a recent survey. The first quarter of 2011 has been very disappointing so far for IPOs in the region with no...