Citi's Azevedo: 10 IPOs in GCC Next Year

The transcript discusses the current and future trends in the Middle East's IPO market, highlighting the waves of government, family-owned, and tech companies entering the market. It examines the drivers of investment banking activities, emphasizing the role of IPOs. The balance between local and international participation is explored, with a focus on maintaining investor engagement. The performance of IPOs is reviewed, noting challenges in the secondary market. The impact of oil prices and regional economic changes is considered, particularly in Saudi Arabia. Egypt's market prospects are discussed, with potential for tech IPOs. Finally, the global market outlook is addressed, anticipating a recovery post-recession.

What factors are driving the investment banking activities in the Middle East?

How has the IPO market performed in the Middle East over the last 12 months?

What is the expected trend for IPOs in the GCC region for the next year?

What role does local demand play in the allocation of IPOs?

How might falling oil prices impact the sentiment towards IPOs in the region?

What changes are anticipated in Egypt's investment landscape following the IMF agreement?

What is the outlook for tech and fintech IPOs in Egypt over the next 12 to 18 months?