zawya.com - Home» News Article Nov 05 2014 more articles from Muscat - Funds raised from the MENA IPO market totalled around $1.7 billion in Q3 2014, a ten-fold increase from the $150.7 million raised in Q3 2013, according to EY's MENA Q3 2014 IPO Update. IPO activity in Q3 2014 was limited to three IPOs. Emaar Malls Group (EMG) listed on the Dubai Financial Market ( DFM ) in the UAE. The two IPOs of Zain Bahrain (Bahrain) and Délice Holding (Tunisia) closed in Q3 2014 and are expected to list in the beginning of Q4 2014.