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00:00 After a period of calm in the process of proposals and regulations for companies and the expectation of what is happening in the different markets,
00:09 regulations and regulations are back in the world for growth during the first quarter of this year.
00:15 We look at what is happening at the first quarter of regulations and regulations, according to a report by Ernst & Young,
00:22 which said that the international registration and registration grew by about 7% and reached 287 registrations in the first quarter of this year.
00:33 These registrations amounted to about 24 billion dollars of money and the revenue of these registrations.
00:42 As for Saudi Arabia and the UAE, Saudi Arabia was in the process of registering and registering in the different markets with 10 registrations.
00:52 It amassed about 5% of the total revenue.
00:55 The registrations amounted to about 1.2 billion dollars.
00:58 As for the registration and registration processes in the different markets,
01:03 specifically in Saudi Arabia and the UAE, the most prominent was the modern mill company that amassed a revenue of about 724 million dollars
01:13 and was the largest registration in Saudi Arabia at the first quarter of this year.
01:19 There were many registration and registration processes that the markets were waiting for,
01:24 to the extent that the financial market said that more than 50 companies have advanced in the level of registration and registration with requests.
01:31 There were also 10 registrations in Saudi Arabia alone,
01:36 and the registration and registration processes in the parallel markets were the largest,
01:40 with about 6 registrations in the parallel markets.
01:43 In the UAE, Parkin was the pioneer of registration in the first quarter,
01:48 for which the UAE markets, and specifically in the Dubai market,
01:51 had covered this large registration 165 times. This cover amounted to 400 million dollars,
02:01 which was the sum of the Parkin company,
02:04 which is also one of the companies affiliated with the government,
02:09 and which was included in the Dubai plan to enhance the market value and increase the shares of government companies.
02:17 In the rest of 2024, Ernst & Young expects that there will be many registrations and registrations,
02:24 25 private companies, as well as 10 investment banks,
02:29 which are expected to register their shares in the Middle East and North Africa in 2024.
02:39 We are waiting for all the registrations and registrations in the Saudi market in Saudi Arabia,
02:48 as well as after the registration of Spenis in the UAE markets, or specifically in the Dubai market,
02:53 and also the Global Jelly in the Abu Dhabi market. We are waiting for the registration of Lulu,
02:57 and also the United Airlines, according to many sources,
03:01 after the announcement of the appointment of investment banks to manage these investments.
03:05 There may be other companies, also waiting, after the president of the Abu Dhabi market said,
03:11 that there will be three new registrations this year.
03:17 So, in light of the return of trust in general by investors in economies,
03:22 as well as the expectations of reducing interest rates,
03:25 companies have become closer to registration and registration processes in financial markets this year.
03:32 Alhamdulillah.