ALEC’s IPO on the DFM raised $381m with demand topping $8.1bn, marking the UAE’s biggest-ever construction listing by size and value
IPO listing
Latest in IPO listing
ALEC
Dubai IPO: ALEC Holdings offers 1bn shares, market cap up to $1.91bn
ALEC Holdings sets Dubai IPO price range at AED1.35–1.40 per share, valuing firm at up to AED7bn, with AED500m dividend planned for 2026
IPO
GCC sees $1.6bn of IPOs; Saudi Arabia leads strong start to year
PwC Middle East IPO report identifies share offerings at start of 2025
IPO
MENA IPOs raised $2.4bn in Q1 2025, top markets and sectors revealed
IPO proceeds in the MENA region up more than 100 per cent in Q1 as Saudi Arabia leads surge
EY
MENA IPOs raised $12.6bn last year, more growth expected in 2025
IPOs in the MENA region were dominated by UAE and Saudi and further growth expected in 2025
GCC IPO activity
Gulf IPOs raise $1.7bn in Q3, UAE sees largest offering for NMDC Energy
IPOs in the GCC have raised $5.2bn in the first nine months of this year, according to Markaz research
ADNH Catering
ADNH Catering IPO raises $235m with Abu Dhabi share offering
ADNH Catering market cap of $588m ahead of ADX listing
ADNH Catering
Abu Dhabi IPO: $558m ADNH Catering announces 40% share sale on ADX
Abu Dhabi National Hotels Company to sell of share of catering division in ADX IPO
Abu Dhabi Securities Exchange
UAE IPO: NMDC Energy shares end day up 8% in year’s biggest offering
NMDC Energy shares soared more than 21 per cent after IPO in the UAE
Abu Dhabi Securities Exchange
NMDC Energy IPO oversubscribed by 31 times as record offering generates $24bn demand for UAE listing
NMDC Energy set to raise $877m in massive UAE IPO
broadcasting
Saudi’s MBC Group IPO plans underway as broadcaster works with HSBC, JPMorgan
The size of the IPO and valuation weren’t immediately clear and the timing is subject to change
Abu Dhabi
LuLu Group heads for $5bn stock market float
LuLu Group’s statement comes following the recent hugely successful IPO issue of UAE-based healthcare player Burjeel Group
