In Dubai, stock markets are having that perfect moment with DEWA

In Dubai, stock markets are having that perfect moment with DEWA

The aim of good writing is to briefly put the handcuffs on history, arrest time, and stop movement. Similarly, the aim of good regulation is to take that moment of stillness and make the silence breathe so that it gives way to beauty, by facilitating ease and access, such that in years to come, when a stranger comes along, he or she can instantly recognize it as an inflection point. This is the privilege of good governance - to come alive as a body and change the course of events. The DEWA IPO is one such moment, where investors, large and small, go past the debate of whether to invest but rather how much. Regulations in the backdrop that have facilitated access to markets, both public and private (from crypto to startups) lead to the fundamental question of wealth creation. Capital allocations change, as do the course of markets. It is the best possible position for detective work. The sea change in the capital markets, sparked by the DEWA IPO, has put forth the fundamental question of whether savings need to be allocated to public equity markets, whereas in the past, that distinction was reserved for the domain of real