Page 59 - ALEF EDUCATION PR REPORT - JULY 2025

7/25/25, 10:14 AM UAE Equity Market Set to Welcome Up to Five IPOs | Arabian Post
Banking and asset‑management houses in the region—among them Citi, EFG Hermes and Emirates NBD Capital—are
reportedly managing a cohort of potential issuers. EFG Hermes projected a busy second half of 2025 across Saudi Arabia and
the UAE, with several consumer‑focused businesses preparing to list.

This momentum positions the UAE to lead IPO activity across the Middle East. In 2024, Gulf IPO volumes reached
multi‑billion‑dollar levels; UAE exchanges, buoyed by sizeable debuts like Talabat’s Dh1.6bn listing in November 2024, claimed
top status in IPO fundraising for three consecutive years.

Looking ahead, investor appetite appears steady, albeit cognisant of broader economic headwinds, including global interest‑rate
trajectories and geopolitical uncertainties. Saadi stressed the significance of sentiment over macroeconomic factors when
gauging regional appetite, citing Middle Eastern equity capital market resilience.

Key players set to define the coming wave include family‑owned conglomerates deliberating partial listings, firms in consumer
and tech verticals exploring exit paths, and existing public companies seeking growth capital via follow‑on offerings. Leading
financial houses continue to harmonise local issuers with global investor pools.

https://thearabianpost.com/uae-equity-market-set-to-welcome-up-to-five-ipos/ 2/2