Dubai is encouraging private sector companies to list on the Dubai Financial Market through a range of new incentives, including fee waivers and additional financial support.
One of the main introductory incentives includes a three-year waiver on listing fees, in addition to financially supporting the initial public offering (IPO) cost onto DFM’s markets.
The authority is also offering post-listing support through participation on DFM’s international roadshows, in addition to a fee waiver on Annual General Meeting (AGM) fees and dividend distribution fees.
Private companies in Technology, Logistics, Healthcare, Manufacturing, and Agri-Tech are some of the main sectors that DFM wants to see listed on the market.
The new program is in line with Dubai’s aim to become a capital markets hub, which is now being funded billions of dirhams through market maker funds and IPOs support funds to encourage more listings.
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