GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share
  • Over 150 participants in attendance from leading regional businesses, stock exchanges, banks and regulatory bodies
  • Industry experts participated in panel discussions and debates including Rashid Al Mansouri, CEO of Qatar Stock Exchange; Nikhil Rathi, CEO of London Stock Exchange; Ahmed Aweidah, CEO of Palestine Exchange; Yarub Awadh Albadi, Head of IPO Unit at Capital Market Authority KSA; Ahmed Saleh Al Marhoon, Director General of Muscat Securities Market and Abdul Aziz Emadi, Listing Director at Qatar Stock Exchange

March 20, 2017, Dubai, UAE: The Arab IPO Summit 2017, organised by UMS conferences, was recently held at the Sheraton Creek Hotel in Dubai. A host of leading global companies and exchanges were in attendance to discuss key issues impacting the region's IPO market, how companies can grow capital and enhance their financial value by going public, and what requirements need to be met to successfully list on an exchange.

Throughout the two-day event there were a number of sessions and panel discussions hosted by business leaders, IPO experts and CEO's of some of the most prominent exchanges locally and globally. Companies and organisations in attendance included National Bank of Abu Dhabi, Muscat Securities Market, Qatar Stock Exchange, London Stock Exchange, Egyptian Exchange, Dubai Financial Market, Palestine Exchange, Aster DM Healthcare, Ansar Financial and Development Corporation in Canada and Capital Markets Authority in Saudi Arabia.

A key question that was proposed for consideration was why companies should consider going public. Improved brand awareness, increased liquidity, strengthened corporate governance and possibly longer-term, higher valuation of the company were all cited as examples. These benefits were noted as of particular relevance to family businesses who are increasingly working to adapt to volatile market conditions, changing regulations and growing investor appetite for more diversified fund portfolios.

Panelists and speakers also stressed the importance of working towards making public listing easier in the region. This will contribute to ensuring the local market's financing ecosystem is healthy and supported, and is particularly important for smaller companies who are looking to list and aid the growth of the economy.

Additionally, with a large number of Sharia compliant companies operating in the Middle East, guidance was given on how to publicly list without engaging in haram activities, and how the IPO process differs from listing on a conventional exchange, particularly those in Western markets.

Sponsored by Aon and Tamleek and supported by London Stock Exchange, Abu Dhabi Securities Exchange, Muscat Securities Market, Palestine Exchange, Egyptian Exchange and Egyptian Financial Supervisory Authority, this year's Arab IPO Summit was the ideal platform for leading regional businesses, stock exchanges, banks and regulatory bodies to engage and exchange ideas and opinions relating public listings.

The decision to go public involves much more than a simple equity transaction, and with only one opportunity to get it right, the decision-making process is even more critical.



Posted by : GoDubai Editorial Team
Viewed 6533 times
Posted on : Monday, March 20, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : New report places Dubai as the leading destination for regional HQs of Fortune 500
Next Story : Impact BBDO Crowned Agency of the Year at Dubai Lynx 2017
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Michael Kors Presents Spring 2018 Jewelry
Malabar Gold & Diamonds makes historic gain Opens 11 showrooms in a day across 6...
Max Fashion #ForgetFilters Campaign Celebrates Living for the Moment
IKEA Welcomes Children in-store to Spread Love for the Arabic Language as Part o...
Sports Bras Banishing Bounce by 83% arrive in store
Transform Your Lips With Glitter Flip Liquid Lipsticks from Ciaté London
LG Exploring New Commercial Opportunities With Expanding Robot Portfolio
New Year, New Skin with the Labo Transdermic Anti-Aging Range
LG's 2018 Speaker Lineup Wows With Premium Sound, Ease of Use and Now Smart Capa...
We Sheet You Not! Foreo Announces End of Face Mask Epidemic
Transform Your Skin In 2018 with QNET's Revolutionary Elixa Skincare
Experience the ultimate beauty extravaganza as MyBeautyFest kicks off with the i...
Qabala joins Air Arabia's Azerbaijan network
Golden Bridge Rectangle Diamonds designed to dazzle
Michael Kors Presents Spring 2018 Watches
Bubble Clown by Matt Barnes
DS Podium Chronograph Lap Timer – Racing Edition
New Year, New Skincare!
Coach presents the Grand Stainless Steel Bracelet Watch Collection
Land Rover's 70th Anniversary Begins With Restoration of ‘Missing' Original 4x4
AIGNER Love
OMEGA and Pyeongchang 2018
Celebrate love with Rado
Corum Bubble Art For Those Who Appreciate A Work Of Art
Shimmering Gilda takes on a silvery sheen
Garden Party Style and Cult Classics: Swatch Launches Spring-summer 2018 Collection
Marine Torpilleur Military made for men who chart their own destiny
New Year – New Savings now with Al-Futtaim Honda
Joyalukkas grows presence in Singapore with new showroom on Serangoon Road
Samsung Delivers Vision for Open and Intelligent IoT Experiences to Simplify Eve...
Samsung Electronics' 2018 Smart TVs Become First to be Industry-Certified for En...
Scuderia Ferrari presents the latest RedRev Watch Collection
Dubai Culture Organises ‘Carnival of Ideas'
EUROSTAR presents seven global tech majors at CABSAT 2018
Nissan and NASA extend research into autonomous mobility services
Spring/Summer 18' Beauty Picks from Missha Cosmetics
World Future Energy Summit's inaugural Mobility Conference to discuss future of ...
Nissan reaffirms importance of electrification at World Future Energy Summit
Malabar Gold & Diamonds strengthens its global position as a leading jewellery r...
Dubai Tour team line-up announced: 16 teams of seven riders at the start
Mashreq Bank offering credit cards for every passion
Abu Dhabi Quality and Conformity Council Completes Verification of Fuel Meters a...
Renault-Nissan-Mitsubishi Launches a Venture Capital Fund to Invest Up to $1 Bil...
Panasonic Jaguar Racing Set Their Sights on Marrakesh E-Prix
HP Fuels the Future of Computing at CES 2018
Dubai Health Forum announces key speakers.
Dubai Customs receives Azerbaikjani outgoing Consul General
ZAKK Air specialised headset for athletes launched in UAE
LG's Award-winning 4k Uhd Projector to Debut at CES 2018
UAE Rejoice: PAN Emirates to not charge VAT to customers in 2018