Inaugural edition of MENA IPO Summit to begin in Dubai on 23 January

Inaugural edition of MENA IPO Summit to begin in Dubai on 23 January

DUBAI, 22nd January, 2023 (WAM) -- H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Chairman of the Higher Committee for the Development of Financial Markets and Exchanges in Dubai, today said that the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has led to the transformation of Dubai’s financial markets and its emergence as a pivotal global financial hub.

Sheikh Maktoum’s remarks were made on the occasion of the city hosting the MENA initial public offering (IPO) Summit, which will be held from 23rd-25th January at the Museum of the Future in Dubai.

The inaugural edition of the Summit, jointly organised by the Dubai Financial Market (DFM) and the Dubai World Trade Centre (DWTC), will shed light on the strong impetus and promising prospects of the IPOs sector in Dubai.

H.H. Sheikh Maktoum said: “Last year, Dubai accounted for 40 percent of IPO activity in the Gulf region, representing a value of AED673 billion. Driven by the ambitious goals of the Dubai Economic Agenda (D33), Dubai will continue to accelerate its economic growth momentum and consolidate its position as a major