Page 139 - ALEF EDUCATION PR REPORT MARCH 2025

3/25/25, 8:42 AM UAE set for up to eight IPOs this year, raising about $10bn, Emirates NBD Capital CEO says | The National

Meanwhile, the availability of strong liquidity in the UAE amid strong economic growth is also
supporting listings, Mr Asarpota said. There has also been a strong interest from international
investors for IPOs in the country, he added.

The UAE’s economy grew by 3.8 per cent during the first nine months of last year, driven by a
strong expansion in non-oil sectors as the country continues to diversify its economy.

Real GDP for the period rose to Dh1.32 trillion, state news agency Wam reported this month. T
country's non-oil economy grew by 4.5 per cent annually to Dh987 billion, accounting for nearly
75 per cent of the country's economic activity, while the oil sector made up the rest.

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