The Dubai Financial Market (DFM) and the Dubai World Trade Centre (DWTC) have announced their partnership to host the MENA IPO Summit.
The inaugural event will shed light on the strong impetus and promising prospects of the initial public offerings (IPOs) sector in Dubai.
Taking place from January 23-25 at The Museum of the Future, 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.
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.
Large-scale initial public offerings have been a mainstay of the regional business landscape in 2022 and further momentum is expected in 2023.
In 2022, the DFM 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 issuers: DEWA, Tecom, Salik, Empower and Taaleem.
These companies have successfully raised more than AED 31 billion and their IPOs witnessed remarkable oversubscriptions drawing AED 672 billion of subscribed amounts.
DFM & DWTC announce partnership for inaugural MENA IPO Summit. Taking place in January 2023, the event will showcase the strong impetus & promising prospects of the IPOs sector in Dubai, following record activity in 2022 & expected momentum in 2023.https://t.co/52HQMzCOMz pic.twitter.com/qhngPNoraw
— Dubai Media Office (@DXBMediaOffice) January 9, 2023
Abu Dhabi hotels generate AED 611 million in March revenue
Abu Dhabi plans next big business hub
World Bank cuts global growth forecast as trade tensions heighten uncertainty
Meraas unveils Jumeirah Residences Emirates Towers
US and China set for trade talks in London
