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 5874 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
Coty Inc. Introduces James Molloy as Rimmel London's New Global Make-up Ambassador
AIGNER Iridescence
Lipstick shades to suit your hair colour from Lipstick Queen
Top 5 Autumn/Winter Beauty Trends
LG DUALCOOL Air Conditioner Builds a Tower of Chocolate
Dune London: The Autumn/Winter17 campaign
India's famous fashion designer Suneet Varma brings his collections to Dubai
DS Podium GMT Chronometer: Because time knows no borders
Corum Heritage Diphylleia - The 'skeleton flower' blooms in a bed of diamonds an...
Marks & Spencer Introduce the Autumn/Winter 17 Womenswear Collections
Jaguar E-type Zero: “The Most Beautiful Electric Car in the World”
Contour, Highlight and Bronze your Body with Ease with Madame LA LA
Italian Trade Agency Kicks Off F&B Promotional Activities in the UAE
Vintage is the rage for new Chronofighter range
‘Third wave' coffee movement brews big business for Middle East market – forecas...
CITIZEN CA0641-83E Eco-Drive Chronograph exudes sporty elegance
Aster DM Healthcare bags Gulf Business Awards-2017 for the “Healthcare Company o...
Mango Fall/Winter17 - Denim Special
Bollywood sibling divas come together for the new diamond jewellery commercial o...
Panasonic announces robust plans for Middle East under new leadership
RTB House celebrates 1-year anniversary in the Middle East and Africa regions wi...
Ferrari Portofino: the Italian Grand Tourer par excellence
Michael Kors Collection Spring 2018 Fashion Show
CITIZEN opens refurbished boutique at Sharjah City Centre
Shade of Grey: Sirius Flying Regulator Jumping Hour in sophisticated new colour
Ulysse Nardin Presents Classico Zheng He
Carl F. Bucherer Presents Patravi TravelTec Black
SAINT HONORE Charisma “Twist” for elegant lady
Exhilarating new Roger Dubuis pop-up boutique in the US
TAG Heuer's Globetrotter Exhibition Opens in Dubai Mall on September 15, As Part...
'COÉGA'S Got You Covered' in New AW17 SPF50 Family Swimwear Collection
The Longines Avigation BigEye: Aesthetics and tradition in a pilot's watch
British Airways' Top Five Autumn Getaways
Emirates to launch fourth daily service to Sydney, Australia
IPhone 8 and IPhone 8 Plus to Arrive at DU on September 23
Ministry of Climate Change & Environment Organizes 1st Plenary Meeting for the D...
Max Mara: Iconic Coats - Manuela & Teddy.
ADNOC Distribution Announces New Retail Price of Unsubsidized LPG for Month of S...
Curtin University opens in the Middle East
Star styles in TKD Lingerie's September surprise sale
64 Brands in the UAE to receive Superbrands title at Annual Tribute Event
Future Living: Dubai Properties to showcase high-powered realty portfolio and pr...
Dubai Culture Takes ‘Dubai Next' to London Design Festival
World Suicide Prevention Day
LG Robots to Connect People for A Better Tomorrow
Materials Handling opens in Dubai featuring 126 exhibitors from 20 countries
Business and academia collaborate at Dubai Science Park to shape the science sector
Robin Singh to launch sports academy in Dubai
Kate Upton, Ashley Graham, Andreea Diaconu, Skai Jackson and more in Michael Kor...
DeLaCour Reflect Tourbillon