DFM, Dubai Chamber of Commerce launch comprehensive programme to fast-track businesses’ journey to IPO

DFM, Dubai Chamber of Commerce launch comprehensive programme to fast-track businesses’ journey to IPO

DUBAI, 30th March, 2023 (WAM) -- The Dubai Financial Market (DFM) and Dubai Chamber of Commerce, in partnership with 20 regional and global advisors, today announced the launch of ‘The IPO Accelerator Programme’ to support businesses in the region on their path to growth and IPO, increasing the momentum of the emirate’s capital markets. The Programme 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. The Programme’s partners include Al Tamimi & Co, Arqaam Capital, Bank of America, Barclays, Citi, deNovo Partners, Edelman Smithfield, EFG Hermes, Emirates NBD, EY, Goldman Sachs, Grant Thornton, HSBC Bank Middle East Limited, IBRAHIM .N. PARTNERS, J.P. Morgan, Moelis & Company, Morgan Stanley, PwC Middle East, Rothschild & Co, and White & Case LLP.

The Programme responds to the growing interest from the private sector in Dubai to leverage capital markets, given the