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Monday, March 26, 2007

Middle East IPO Summit opens today

The conference this year aims to highlight the solid underlying economic conditions for initial public offerings (IPO) in 2007. After a volatile performance in 2006, which saw US$ 436 billion wiped off GCC market capitalisation, the bourses so far in 2007 have languished in bear territory adding to those losses.

During his presentation Dr. Izzat Dajani, Chief Executive of Investment and Development, Government of Ras Al Khaimah will examine the changing dynamics of regional capital markets. Should self-regulation and corporate governance be precursors to IPOs and should start-ups be allowed to go public and if so why?

Middle East IPO Summit opens today


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