Dubai Financial Market, DWTC set to host first MENA IPO Summit – Dubai

Dubai Financial Market, DWTC set to host first MENA IPO Summit – Dubai

Dubai Financial Market (DFM) and Dubai World Trade Centre (DWTC) have partnered to host the MENA IPO Summit – Dubai. Taking place from January 23 to 25, at The Museum of the Future, the inaugural summit will showcase the promising prospects of the initial public offerings (IPOs) sector in Dubai. The summit will gather industry experts who will share first-hand knowledge of the IPO process and the opportunities and challenges of becoming a public company, as well as how to advance ESG agendas. It will also showcase a roadmap for startups and SMEs in Dubai, including expertise around its regulatory environment, business culture and capital opportunities for scaling ventures through to an IPO, shared the Dubai Media Office. The launch of this event series comes at a time when large-scale IPOs have emerged as a mainstay of the regional business landscape. During 2022, DFM strengthened its role as an efficient fund-raising platform through IPOs and listings of five government-related and private-sector leading issuers such as DEWA, Tecom, Salik, Empower and Taaleem. These companies have successfully raised more than Dhs31bn and their IPOs witnessed remarkable oversubscriptions drawing Dhs672bn of subscribed amounts. According to the Dubai Media Office, Helal Al Marri, DG