Stage set for the return of IPO activity in the GCC during 2012 as stock market conditions and investor confidence improves - Zawya

Initial Public Offering (IPO) activity began to show early signs of recovery towards the end of Q1 2012 in the six nation Gulf Corporation Council ("GCC") stock markets. Investor confidence began to return to markets with share price levels generally improving across the markets, according to PwC, a leading international professional services organisation.

* username: rupertbu