Page 256 - ALEF EDUCATION PR REPORT MAY 2024
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5/20/24, 1:07 PM UAE's Alef Education plans 20% IPO; eyes ADX listing
Electronic boards displaying stock information are seen as investors look on on the floor of the ADX Abu Dhabi Securities Exchange stock
market. Stringer, Reuters
Reuters Images
IPO
UAE's Alef Education plans 20% IPO; eyes ADX
listing
The edtech firm had revenues of $204mln in 2023
Brinda Darasha, ZAWYA
May 20, 2024
Alef Education, an Abu Dhabi-based edtech firm, on Monday announced its intention to float 20% of its
share capital in an initial public offering (IPO), and thereafter list its shares on ADX.
https://www.zawya.com/en/markets/equities/uaes-alef-education-plans-20-ipo-eyes-adx-listing-hihypjef 1/3
