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MENA equity capital market activity surged to $15.3bln YTD

MENA equity and equity-related issuance totalled $15.3 billion year-to-date (YTD) in 2022, the highest first nine-month total since 2008, Refinitiv data showed. Proceeds raised by companies in the region increased 166% compared to the first nine months of 2021, while the number of issues increased 110%. Initial public offerings accounted…

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