For Goldman, Saudi Arabia will remain king of Mideast IPO deals


Strong presence: The lobby of Goldman Sachs headquarters in New York. The company has rapidly built its Saudi presence since 2017, when it hired Eyas Aldossari as head of investment banking. — Bloomberg

LONDON: Saudi Arabia will remain the busiest of the Middle East’s stock markets, even as the United Arab Emirates (UAE) pushes more companies to go public, according to Goldman Sachs Group Inc.

John Wilkinson, the bank’s London-based head of emerging-market equity capital markets, called 2021 a “standout year” for the Persian Gulf.

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Goldman Sachs , Mideast , IPO , Saudi Arabia ,

   

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