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Inaugural Mena IPO Summit kicks off in Dubai

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The inaugural Mena IPO Summit, held on 23 January, revealed the strength and promise of Dubai’s IPO sector.

“Dubai accounted for 40% of IPO activity in the Gulf region last year, worth AED 673 billion (US$ 183.22 billion). Driven by the ambitious goals of the Dubai Economic Agenda (D33), Dubai will continue to accelerate its economic growth momentum and build on its status as a major international financial center,” said Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Prime Minister of Dubai, Minister of Finance and Chairman of the Higher Council for Financial Markets and Exchange Development of Dubai ,

According to WAM, Sheikh Maktoum said that the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has led to the transformation of Dubai’s financial market and made it Become a pivotal global financial center.

The summit, jointly organized by the Dubai Financial Market (DFM) and Dubai World Trade Center (DWTC), will take place on January 25 at the Dubai Museum of the Future.

industry experts

The summit brought together industry experts who shared first-hand knowledge of the IPO process, the opportunities and challenges of becoming a public company, and how to advance the ESG agenda.

The summit also showcased Dubai’s roadmap for start-ups and SMEs, including expertise around its regulatory environment, business culture and capital opportunities to scale up venture capital through IPOs.

The Mena IPO Summit provides a platform for industry-shaping discussions, offering institutional investors, family businesses and start-ups the opportunity to explore the latest regulations, best practices and market trends in the Dubai capital market as well as learn about recent regional IPO success stories.

thought leader

Attendees have the opportunity to network with key IPO issuers and thought leaders from the investment and capital markets industries.

The summit sparked lively discussions among issuers, investment experts, regulators and companies that are strategically preparing for future listings. — trade arab news agency

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