MENA region emerges as a dynamic hub for capital markets and digital transformation amidst a global decline in IPO activity in 2024.
MENA saw a 2.5x increase in IPO activity with higher average deal sizes, contributing 5% of global IPO volumes but capturing 10% of global proceeds.
Robust regulatory frameworks, including minimum free float requirements and digital-first companies, have propelled MENA's IPO landscape.
Outlook for MENA's IPO market is positive with over 10 digital-first companies expected to go public in 2025, reflecting the region's digital transformation.