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.
UAE outlines vision for low-emission hydrogen economy at World Hydrogen Summit
India, US discuss trade as Rubio cites progress on Iran conflict
ENOC signs deal with Allied Biofuels to explore sustainable aviation fuel supply
Mexico, EU sign stalled trade deal as they aim to diversify from US
Dubai announces 5% VAT on Salik, Parkin fees
