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

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

Dubai: The inaugural edition of the MENA IPO Summit will shed light on the strong impetus and promising prospects of the IPOs sector in Dubai, and help bolster Dubai’s image as a major international financial centre, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, said on Sunday. The summit will be held during January 23-25 at the Museum of the Future in Dubai. Sheikh Maktoum said: “Last year, Dubai accounted for 40 per cent of IPO activity in the Gulf region, representing a value of Dh673 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 international financial centre.” 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. The summit will provide a platform