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3/14/24, 12:15 PM Maktoum bin Mohammed commends progress, initiatives of Dubai Securities and Exchange Higher Committee | Emirates N…
legislations and incentives to listed companies in DFM, among other responsibilities.
Key listings drive growth of Dubai capital markets
H.H. Sheikh Maktoum reviewed the outcomes of the Dubai Financial Market's listings from 2022 and 2023. Key listings during this period included the AED22.3
billion IPO of Dubai Electricity and Water Authority (DEWA), constituting 18 percent of its issued capital. Additionally, TECOM Group's IPO, oversubscribed by 21
times, raised AED1.7 billion. The meeting also discussed other notable listings including Union Coop, Salik, Emirates Central Cooling Systems Corporation
(Empower), Dubai Taxi, Taaleem Holdings, Al Ansari Financial Services, and the upcoming Parkin IPO.
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