Page 138 - ALEF EDUCATION PR REPORT - AUGUST 2025

9/1/25, 10:00 AM Egypt’s Orascom Construction to list shares on Abu Dhabi's ADX | The National
In May, Dubai Holding, a diversified global investment company, announced the listing of its Dubai
Residential Reit, a Sharia-compliant, income-generating real estate investment trust on the Dubai
bourse, in the first initial public offering in Dubai this year.

The company raised $584 million through the IPO.

Stock markets in the UAE are expected to receive between six and eight IPOs this year, with

companies raising up to $10 billion in proceeds amid strong investor appetite for new listings in the
country, Emirates NBD Capital chief executive Hitesh Asarpota told The National in an interview earlier
this year.

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