Thursday 25 April 2024
 
»
 
»
Story

IPO summit to focus on benefits of listing

DUBAI, November 20, 2016

The second edition of the Arab IPO Summit will focus on the benefits and strategies of listing on an Arab Stock Exchange, said event organisers UMS conferences.

 The event is scheduled to take place on March 14 and 5 in Dubai, UAE.

 The capital raised by firms in the Mena region increased by 141 per cent in the first quarter (Q1) of 2016, while the number of initial public offerings (IPOs) was the same as in Q1 2015, according to EY, a professional services firm.

The current market trend indicates a reduced dependence on the oil and energy sectors. IPOs are the most effective method of encouraging foreign and regional investments. It is imperative that financial institutions, private firms, stock exchanges and financial institutions come together to review, discuss and tap the region’s investors through IPOs.

The event will be a collaboration of the top companies, stock exchanges, investment banks and capital markets, which will share their invaluable knowledge and expertise about the present business scenario, and predict the future of the financial markets.

The Arab IPO Summit will feature sessions by industry experts such as Rashid Al Balushi, CEO at Abu Dhabi Exchange; Rashid Al Mansouri, CEO at Qatar Stock Exchange; Ahmed Saleh Al Marhoon, director general at Muscat Securities Market, Oman; Mustafa Baltaci, secretary general at Federation of Euro-Asian Stock Exchanges and Abdul Aziz Emadi, listing director at Qatar Stock Exchange. – TradeArabia News Service
 




Tags: IPO | Dubai | Arab summit |

More Finance & Capital Market Stories

calendarCalendar of Events

Ads