PROCEEDINGS OF THE 3RD INTERNATIONAL CONFERENCE ON ECONOMICS, MANAGEMENT, LAW AND EDUCATION (EMLE 2017). ATLANTIS PRESS. Vol. 128. 2020. P. 2256-2264
This paper seeks to address the question of whether local macroeconomic parameters (reference interest rate, crude oil production, stock market index, direct foreign investment, loan growth and GDP) have any influence on the numbers and volume of IPOs on an emerging markets of GCC region over the period of 1996 to 2016. The Gulf Cooperatin Council is a regional intergovernmental political and economic integration group of 6 Arabic countries (Kingdom of Bahrain, State of Kuwait, Sultanate of Oman, State of Qatar, Kindgom of Saudi Arabia and the United Arab Emirates). The region primary capital markets still seem to be rather poorly developed.