A more than twofold jump in the share price of a Middle Eastern broadcaster has made it the world’s best-performing listing this year, highlighting the continued strength in one of the few busy markets for initial public offerings.
MBC Group, the biggest broadcaster in the Middle East, has seen its shares rise 134% since they started trading in Riyadh on Jan. 8 after a $222 million listing, making it the largest gainer among IPOs that raised…