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MENA equity capital markets stutter in Q1-2023 as number of deals fall
MENA equity capital markets (ECM) raised $3.6 billion in equity and equity-related issuances during the first quarter of 2023, declining 6% compared with the proceeds raised in Q1 2022. The number of issues too fell 7%, according to the latest Refinitiv Deals Intelligence data. IPOs accounted for 99% of activity,…
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