A $12 Billion IPO Hotspot Is Losing Some of Its Sheen
Skyscrapers on the Dubai city skyline.
Photographer: Christopher Pike/BloombergThis article is for subscribers only.
Welcome to the Mideast Money newsletter, I’m Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that's become one of the most influential in global finance. You can sign up here.
This week, top global law firms are cashing in on the Gulf’s deal-making boom, three Middle Eastern royal families are among the world’s richest, and Dubai stocks are on a tear. But first, it’s over to Laura Gardner Cuesta, for insights into why the IPO boom in the region is losing some of its sheen.