DFM and DWTC to launch the MENA IPO Summit – Dubai 2023

DFM and DWTC to launch the MENA IPO Summit – Dubai 2023

- Institutional investors, family businesses and startups to explore the latest regulations, best practices, and market trends in Dubai capital market

- Announcement follows the phenomenal momentum of IPOs sector in Dubai and its strong prospects for 2023

Dubai: The Dubai Financial Market (DFM) and the Dubai World Trade Centre (DWTC) today announced their partnership to host the MENA IPO Summit – Dubai, an essential new platform set to unite the entire IPO value chain and the region’s only IPO-focused summit. The inaugural Summit will shed light on the strong impetus and promising prospects of the initial public offerings (IPOs) sector in Dubai.

The launch of this event Series comes at an opportune time for Dubai and the wider region’s investment community following record IPO activity – large-scale initial public offerings have been a mainstay of the regional business landscape in 2022 and the expected momentum in 2023.

During 2022, DFM has strengthened its role in empowering economic development in Dubai and the UAE, as an efficient fund-raising platform through IPOs and listings of five government-related and private sector leading issuers namely: DEWA, Tecom, Salik, Empower and Taaleem. These companies have successfully raised more than AED 31 billion and their IPOs witnessed remarkable oversubscriptions