Via Laura Gardner Cuesta in yahoo.com: Initial public offerings from Saudi Arabia have been the star performers in a string of recent share sales in the Middle East, where some high profile regional listings have had tepid debuts in the last few months. Initial public offerings from Saudi Arabia have been the star performers in a string of recent share sales in the Middle East, where some high profile regional listings have had tepid debuts in the last few months. “The bullish euphoria surrounding the primary listings in Saudi Arabia shows no signs of stopping,” said Vijay Valecha, chief investment officer at UAE-based broker Century Financial, pointing to a “glaring contrast” between newly-listed stocks in Saudi and elsewhere in the region.
