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Mid East IPO pipeline faces investor concern

Hugo Cox
A raft of family businesses are planning to list in the coming months in the Middle East, but they face competition for investor capital from state company IPOs and concerns about governance.
Mid East IPO pipeline faces investor concern

Discounts typically provided on initial public offerings of state enterprises in the Middle East and concerns about corporate governance are potential obstacles to growing issuance by private family businesses in the region, argued asset management executives.

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