UAE bourses to see 4 new IPOs in 2018 – CEO

Dubai – Mubasher: The UAE stock markets are anticipating four fresh initial public offerings (IPOs) this year, Securities and Commodities Authority (SCA) CEO Obaid Al Zaabi said.

Two of the companies that will make share sales are large-sized firms, such as Emaar Properties’ volume, Al Zaabi added.

The two firms are operating in aluminum manufacturing, while the other two companies are working in financial and industrial sectors, the CEO  noted.  

Mubasher Contribution Time: 06-Mar-2018 06:58 (GMT)
Mubasher Last Update Time: 06-Mar-2018 09:49 (GMT)