Strong investor appetite meets cautious market conditions as UAE prepares for potential landmark listings
IPO
Al Markaz Industrial Development
GCC IPOs raised $13.2bn last year as UAE and Saudi markets dominate
The UAE led the GCC IPO market in 2024, with Saudi Arabia coming second
Artificial intelligence
Abu Dhabi-based BWI announces Blaize’s successful IPO on NASDAQ
The company’s listing was done through BurTech Acquisition Corporation, a Special Purpose Acquisition Company (SPAC) owned by BWI with a valuation of $1.2 billion
E-commerce
Online fashion retailer Shein plans London IPO by mid-2025: Report
The founded in China but now headquartered in Singapore company’s proposed initial public offering (IPO) could be completed as early as Easter, which is April 20
IPO
Saudi e-commerce firm Nice One raises $322mn in Main Market IPO
The IPO drew overwhelming interest from institutional investors, with orders surpassing $45 billion
