Saudi Arabia is expected to lead the initial public offerings (IPOs) in the Middle East and North Africa region in 2025, with 27 potential listings, according to a report by EY. The overall MENA region is projected to witness the listing of 38 companies and 22 funds in 2025. The Gulf Cooperation Council region has become a hotspot for IPOs due to economic reforms, diversification efforts, and growing interest from regional and international investors. The report also highlights the importance of environmental, social, and governance (ESG) goals in the region, as well as the impact of new sustainability regulations on IPO market dynamics.