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Citi's Azevedo Sees Busy 2H for Gulf Listings

Citi's Azevedo Sees Busy 2H for Gulf Listings

Bloomberg21-07-2025
The UAE is seeing renewed momentum in equity capital markets heading into the second half of 2025. Planned deals are building on the successful debut of a residential real estate investment trust -- which helped revive sentiment after several disappointing listings late last year. Meanwhile, the picture is somewhat muted over in Saudi Arabia, as firms eyeing share sales face investor caution over valuations. Miguel Azevedo, Managing Director & Investment Banking Vice-Chair for Middle East & Africa at Citi spoke to Horizons Middle East and Africa anchor Joumanna Bercetche. (Source: Bloomberg)
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