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3/14/24, 12:18 PM Maktoum bin Mohammed commends progress and initiatives of Dubai Securities and Exchange Higher Committee - UAE B…
companies in DFM, among other responsibilities.
Key listings drive growth of Dubai capital markets
HH 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
of Dubai Electricity and Water Authority (DEWA), constituting 18% of its issued capital. Additionally, TECOM Group’s IPO, oversubscribed by 21 times, raised AED1
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.
https://uaebusinessgate.ae/maktoum-bin-mohammed-commends-progress-and-initiatives-of-dubai-securities-and-exchange-higher-committee/ 2/2
