More Gulf companies are considering going public as valuations improve and firms look to redraw their growth strategies after the global financial crisis.
The investment bank Rothschild is helping up to four firms in the GCC including companies in the UAE and Kuwait to launch initial public offerings (IPOs) from next year.
'Valuations are improving,' said Paul Reynolds, the managing director and head of debt and equity advisory at Rothschild Middle East at an event about family business IPOs in Dubai yesterday. 'More importantly people are back thinking about how to develop their businesses and how they scale them up and take advantage of the global trends.'"
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