GCC IPO Activity from 2021-Q1 2024

The GCC IPO market has experienced dynamic changes from 2015 to the present, with notable peaks in deal values and IPO numbers in certain quarters. From 2021 to Q1 2024, there have been notable fluctuations in both the deal values and the number of IPOs. The highest deal value was in Q4 2022, reaching $4,052 million.

Following this peak, Q1 2023 saw a decline in deal value, although the number of IPOs remained relatively high. Another notable increase in deal value occurred in Q4 2023, surpassing $4,000 million, accompanied by the highest number of IPOs.