Page 92 - SALIK PR REPORT - MARCH 2024
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3/14/24, 12:18 PM Maktoum bin Mohammed commends progress and initiatives of Dubai Securities and Exchange Higher Committee - Busine…
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 IPO of Dubai Electricity and Water Authority (DEWA),
constituting 18% 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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