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  "documentTitle": "ey global ipo trends 2023 q4",
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      "text": "In the UAE, 8 IPOs raised over US$6b in 2023 with a variety of sizeable government and private companies expected to go public in the coming year.",
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      "text": "India could potentially benefit from greater flexibility in market entry and exit... SEBI recent proposal to shorten to three days the time to list shares... Other avenues, such as an increase in infrastructure investment trusts (InvITs) and real estate investment trusts (REITs) continue to attract global investors.",
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      "text": "MENA continues to dominate the top 10 EMEIA IPOs in 2023, with six of the largest IPOs from this geography.",
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      "text": "Against the backdrop of COP28 in Dubai, MENA stock exchanges are supporting ESG adoption and reporting.",
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      "text": "As part of Saudi Arabia's Vision 2030, the kingdom is diversifying from oil... There were 39 public listings in 2023, raising US$3.6b. In addition, 27 Saudi companies have announced listing plans on the Tadawul.",
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      "text": "The outlook for 2024 remains promising for MENA IPOs... risk that investor sentiment will be adversely impacted by the recent and ongoing geopolitical challenges in the region.",
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      "text": "The industrial, materials, and technology sectors have experienced strong demand... India now has more than 80 unicorns.",
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      "text": "As inflation starts to fall, India is expected to experience an annual GDP growth of 8% between 2023 and 2030... In 2023, India's IPO activity increased by 48% YOY to 220 deals raising US$6.9b... share of global IPO volume, rising from 6% in 2021 to 11% in 2022, and rising further to 17% in 2023.",
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      "text": "2023 refers to the full calendar year and covers completed IPOs from 1 January 2023 to 4 December 2023, plus expected IPOs by 31 December 2023 (forecasted as of 4 December 2023). Sources: EY analysis, Dealogic.",
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