GCC IPO Activity Cools After Peak

Total IPO proceeds in the GCC declined sharply in 2025, falling to about $5.1 billion with 40 listings, down from previous multi-year highs led by Saudi Arabia’s capital markets. (Saudi Arabia, UAE, Oman, Kuwait)

According to a recent regional market review, Saudi Arabia dominated the 2025 IPO landscape, accounting for nearly 80% of funds raised, while the UAE and smaller states like Oman and Kuwait trailed in listings. Real estate, industrial and healthcare sectors led private issuances, though the overall climate cooled as state sell-downs waned and investor caution grew. HPC Consultancy can support clients with capital markets analysis, IPO readiness assessments, and investment advisory services amid fluctuating market momentum.