GCC closes 2012 with strong IPO yields of $1.69b

Steven Drake, Head of PwC Capital MarketsThe 2012 IPO market performance in the GCC region, with total of nine IPOs raising $1.684 billion compared to the same number of IPOs in 2011 raising $789 million, increasing significantly by 113% in terms of offering value, according to a report.Q2 2012 proved to be the strongest in terms of IPO performance both in number and offering values with 4 IPOs r