Taaleem rings market opening bell to celebrate listing and trading of its shares on Dubai Financial Market

Taaleem rings market opening bell to celebrate listing and trading of its shares on Dubai Financial Market

- The listing marks another milestone in a momentous year on DFM with five public offerings from leading government-related and private companies

- Total market capitalization up 29% to AED 579.7 billion owing to the new listings and the improved performance of listed securities

- Total trade value increases 33% to AED 82 billion

Dubai: The Dubai Financial Market (DFM) today welcomed the listing of shares of Taaleem Holdings Group PJSC (Taaleem), one of the largest education service providers in the UAE with a portfolio of 26 schools and more than 27,000 students. The new listing marks another milestone in a momentous year for DFM through the public offering and listing of five leading government-related and private companies. The momentum also underscores the success of the strategic plan for the development of Dubai's capital markets and the quality and integration of the Emirate’s capital markets infrastructure.

To celebrate the listing, Khalid Al Tayer, Chairman of Taaleem, rang DFM market opening bell in the presence of His Excellency Helal Al Marri, Chairman of DFM, Alan Williamson, CEO of Taaleem Group and Hamed Ali, CEO of DFM and Nasdaq Dubai among several other officials.

Taaleem’s shares began trading under the symbol “TAALEEM”, following the successful public offering