Reddit’s $748 million initial public offering (IPO) had investors watching closely to see if the social media platform’s trading debut in New York on March 21 could help fuel a rebound in coveted US tech listings and drive a broader IPO market revival after a two-year drought. It comes at a time when no such recovery is needed in the Middle East, where Gulf countries have defied global trends by pumping out IPOs.
During 2022/23, Middle…
