How Dewa IPO paves the way for more energy listings in the Gulf – The National
- Date: 21-Mar-2022
- Source: The National
- Sector:Financial Markets
- Country:Gulf
How Dewa IPO paves the way for more energy listings in the Gulf – The National
Until recently, it was one of the Gulf region's paradoxes that domestic equity investors had little access to its colossal oil and gas resources.
At the same time, a decade of dismal underperformance by international energy companies has finally been succeeded by a good year and a bit.
Dubai Electricity and Water Company (Dewa) will be the latest local company to capitalise on a positive trend.