DFM
The growth is due to strong investor interest in recent high-profile listings like Parkin and Spinneys
The first half of 2024 saw a surge in trading activity, higher trade values, and an influx of new investor
The UAE market contributed a remarkable 58 percent of 2023 IPO proceeds in the GCC region
The Kingdom raised $2.1 billion from 19 offerings, making up 59 percent of total GCC IPO proceeds
The company's gross profit margin also demonstrated strength, reaching 41.2 percent in the quarter
UAE's Parkin raised the highest proceeds, contributing 37.2 percent to total proceeds of MENA IPOs
The market attracted nearly 44,000 new investors in Q1 this year, and 85 percent of them are international
IPO saw an oversubscription rate of 64 times in aggregate
DFM’s trading value reached over AED25 billion during Q1 of 2024
Technologically advanced parking operator supports Dubai's robust capital markets development strategy
ADX witnessed five major direct deals on 243.4 million shares worth $186 million
