Investors attracted to region’s burgeoning IPO market, finds new surveyAs the UAE solidifies its position as a leading global financial hub, its capital markets are thriving like never before. The UAE’s capital markets have gained nearly $5.79 bn in capitalization this year, thanks to successful IPOs from companies like Spinneys, NMDC Energy and Parkin. According to Edelman Smithfield’s 2024 UAE Investor Pulse Survey, 84 percent of investors express keen interest in future IPOs. The road aheadLooking toward the rest of 2024 and beyond, the UAE’s IPO market shows no signs of slowing down. As these trends unfold, MEIRA’s Annual Conference later this year will offer deeper insights into the future of the region’s capital markets.

Source: The North Africa Journal October 14, 2024 09:06 UTC