DFM & DWTC to jointly host MENA IPO Summit – Dubai from 23rd to 25th Jan

  • Date: 09-Jan-2023
  • Source: GCC Business News
  • Sector:Financial Markets
  • Country:UAE
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DFM & DWTC to jointly host MENA IPO Summit – Dubai from 23rd to 25th Jan

The Dubai Financial Market (DFM) and the Dubai World Trade Centre (DWTC) have partnered 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 to Dubai and the wider region’s investment community following record IPO activity, such as the large-scale initial public offerings which 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 $48.4 billion and their IPOs witnessed remarkable oversubscriptions drawing $183 billion of subscribed amounts.

Hamed Ali

CEO – DFM & Nasdaq Dubai “With the increased momentum in Dubai capital markets in terms of listings and investors’ engagement, we are delighted to launch the MENA IPO Summit – Dubai as an important catalyst