IPO
The IPO will involve the sale of 30 percent of the company's capital
Social media platform's stock market debut signals confidence in growth potential
IPO resulted in market capitalization of AED6.30 billion upon admission
The DFM General Index ranked 5th globally in 2023
The overall size of the public float remains unchanged at 749.7 million shares
Economic diversification, governance and robust trade position UAE as international investment hub
Energy and logistics sectors lead as MENA continues to attract global investments
GCC countries witnessed 46 issuances with total proceeds worth $10.79 billion
Robust market witnessed six IPOs in 2023 valued at $5.57 bn
