DFM & Dubai Chamber launch ‘IPO Accelerator Program’ to support businesses

  • Date: 31-Mar-2023
  • Source: GCC Business News
  • Sector:Financial Markets
  • Country:UAE
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DFM & Dubai Chamber launch ‘IPO Accelerator Program’ to support businesses

The Dubai Financial Market (DFM) and Dubai Chamber of Commerce, in partnership with 20 regional and global advisors, have launched ‘The IPO Accelerator Program’ to support businesses in the region on their path to growth and IPO, increasing the momentum of the emirate’s capital markets.

The Program is part of the Dubai Economic Agenda D33 projects that aim to strengthen Dubai’s leading position as a global commercial and financial hub.

DFM and Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, are partnering with numerous local and international advisory firms that are a key part of Dubai’s financial and business ecosystem to accelerate the growth of regional private companies and nurture them for the IPO journey.

Mohammed Ali Rashed Lootah

CEO & President

Dubai Chambers “We are delighted to partner with DFM to create an environment where various companies that consider public listing or going public through IPOs can find the capital they need to grow while building visibility and credibility with investors. Following an MoU, we signed with DFM last year, the IPO Accelerator Program is one of the many collaborative initiatives we have planned to support the business community. More importantly, this program aligns with Dubai’s economic ambitions to