Flurry of Middle East IPOs Are on the Way

The transcript discusses the contention surrounding an IPO's Sharia compliance and compares it to Alibaba's IPO performance. It highlights Saudi Arabia's strategy of selling shares below market rates to distribute wealth, focusing on the National Commercial Bank's IPO. The discussion then shifts to upcoming IPOs in the Middle East, including Al Habtoor, Dubai Parks and Resorts, and Adam R in Israel, noting their potential financial impacts.

What trends are observed in the Middle East regarding IPOs?

What are the expected fundraising amounts for the upcoming IPOs mentioned in the text?