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5/20/24, 1:07 PM Alef Education will be UAE's third IPO of 2024 - and first in Abu Dhabi | Markets – Gulf News
Alef Education will be UAE's third
IPO of 2024 - and first in Abu Dhabi
Education solutions provider to pay minimum Dh135m dividend for 2024-25
Published: May 20, 2024 09:03 Follow us
Manoj Nair, Business Editor
The ADX is going to see some IPO action, with Alef Education confirming it's headed for a stock market float.
Image Credit: Afra Al Nofeli/Gulf News
Dubai: The UAE is getting its third IPO of the year, with Alef Education Holding
offering 1.4 billion shares, which is 20 per cent of its equity capital. Subscription opens
from May 28 to June 4.
https://gulfnews.com/business/markets/alef-education-will-be-uaes-third-ipo-of-2024---and-first-in-abu-dhabi-1.1716181808064 1/6
