Page 188 - AAE PR REPORT - June 2024

5/30/24, 8:43 AM Dubai’s IPO boom positions city as thriving hub for capital markets: Report
Dubai’s IPO boom positions city as thriving hub for capital markets: Report
Privatization of state-related entities to support the initial phase of regional

IPO growth

The final phase of regional IPO growth anticipates a surge in IPOs from fintech and tech-enabled start-ups
Dubai has witnessed a surge in initial public offerings (IPOs) in recent years,

solidifying the city’s status as a thriving hub for capital markets. In its latest report
‘Regional Outlook for Banking and Capital Markets’, the Dubai International
Financial Center (DIFC) in collaboration with LSEG Data & Analytics highlights how
regional IPO growth will come in three phases. In addition, the report highlights the

profile of investors in the region, particularly in Dubai, which has attracted a rising
number of wealthy individuals and families who are seeking to capitalize on
investment opportunities.

Three phases of IPO growth
DIFC’s report focuses on how regional IPO growth will come in three phases: The
continued privatization of state-related entities, listings by family-owned companies,
and fintech and tech-enabled start-ups.

Phase 1: Privatization of state-related entities
The report predicts that the privatization of state-related entities will support the initial
phase of regional IPO growth. This phase has already seen substantial activity,

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