Page 87 - ALEF EDUCATION PR REPORT SEPTEMBER 2024
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the UAE’s financial markets," Arun Leslie John Chief Market Analyst Century Financial, told Khaleej
Times.
As energy demand rises globally, driven by population growth and urbanisation, NMDC Energy is
well-positioned to capitalise on increasing investments in the Middle East’s energy sector,
projected to reach $175 billion by 2024. "With 15% of this investment directed toward clean energy,
NMDC Energy’s focus on both traditional and renewable energy sectors positions it favourably for
future growth," John said.
"In summary, NMDC Energy's successful IPO underscores the company’s growth potential and
strategic role in the UAE’s ambitions to become a global leader in the energy sector. Backed by a
solid financial foundation, expanding global presence, and commitment to innovation and
sustainability, NMDC Energy is poised to deliver long-term value to its investors while contributing
to the world’s evolving energy needs," John said.
https://www.khaleejtimes.com/business/markets/nmdc-energy-ipo-31-3-times-oversubscribed
