Page 217 - AAE PR REPORT - June 2024

5/29/24, 3:53 PM Dubai IPO boom expected with privatisation, family business listings and tech start-ups; 110,000 HNWIs grow investment pool - Ar…
The report focuses on how regional IPO growth is expected to come in three phases:

The continued privatisation of state-related entities
Listings by family-owned companies

FinTech and tech-enabled start-ups

Dubai IPOs and capital market investments

Additionally, the report considers the profile of investors based in the region, especially
Dubai, which has attracted a rising number of wealthy individuals and families who are

seeking to capitalise on investment opportunities.

Arif Amiri, Chief Executive Officer, DIFC Authority, said: “Driven by the surge in IPOs,

capital markets across the MENA region have experienced remarkable expansion,
driven by reforms aimed at enhancing market infrastructure and fostering greater

foreign and regional investment inflows.

“With its strategic initiatives and robust regulatory framework, DIFC plays a pivotal role

in driving innovation and stimulating growth within the financial sector.

“Dubai’s IPO boom underscores the city’s status as a thriving hub for capital markets,

and DIFC’s role in enabling this acceleration through the firms that drive capital
markets and provide advisory services for IPOs will continue to contribute to the

dynamic evolution of global finance.”

https://www.arabianbusiness.com/industries/banking-finance/dubai-ipo-boom-expected-with-privatisation-family-business-listings-and-tech-start-ups-1… 2/6