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 4740 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
Make a Statement with MAKE UP FOR EVER's New Artist Liquid Matte Lipsticks
Paris Gallery Eid Gift Guide: The Watch Edit
SAINT HONORE Opéra is Ideal for the Stylish Woman
Joyalukkas Win Upto 60 KG gold promotion Lucky winner announced in the UAE
LG G6: The Ideal Summer Vacation Companion
SAINT HONORE Charisma Twist
Lucky Winners celebrate winning gold bars with Malabar Gold & Diamonds – ‘BE A G...
Gold Collagen® Hydrogel Mask with Second Skin Technology to Launch in Dubai in J...
Skyline University College Conducted Health and Wellness Program
THEFACESHOP, White Seed brightening
IKEA Reveals Hidden Shortcuts as Father's Day Gift
Celebrate This Eid by Honouring your Loved Ones with a Special Gift
TAG Heuer Luxury Kit
Bhima Jewellers Spread Happiness this Ramadan with ‘BHIMA GIFT A SMILE'
Keep your skin hydrated this summer with tips from Gold Collagen!
Marion Cotillard wears Chloé to 31st Cabourg Film Festival
TOD's Spring/Summer '18 Men's Collection
Dubai will be ‘United in Celebration' during 10th Edition of ‘Eid in Dubai- Eid ...
Take A Sneak-peek into COÉGA Sunwear's 2018 Baby Swimwear Line
Al Barwani Wins 2017 Ramadan Challenge Senior Cup Title
Dsquared2 Men's and Women's Fall Winter 2017 Show
deLaCour Saqra Urban- Triumph Design
Celebrate Eid in 'Swiss Style' with stunning RAYMOND WEIL Freelancer
New Collections at Grand Optics - Summer 2017
The Salman and Katrina relationship with Splash continues
Eid Al Fitr 2017
WHITE MAN & WOMAN presents POAN - PEOPLES OF ALL NATIONS ‘The Phenomenon of Man'
Dubai Culture Announces July Workshops for Dubai Festival for Youth Theatre 2017
Starbucks Brings Back Summer Favorite S'mores Frappuccino on Popular Demand
HP Revolutionizes Pocket-size Printing with Sprocket
Wear Your Personality on Your Sleeve with Suitsupply
KeyBS e-Voucher solution ‘KeyEVD' goes live on thousands of 4Run Telecom POS mac...
Empower Starts Delivering District Cooling Solutions to JVC and JVT
Jaguar E-PACE: The New Compact Performance SUV
Podium Finish for UAE Team Emirates' Sacha Modolo on Stage Eight of Tour de Suisse
OMEN by HP Delivers the Ultimate Advantage for Gamers to Dominate the Competition
Dubai Customs salutes UAE's 1st global customs efficiency ranking
Abu Dhabi Ports 5th Annual “Working Safely in the Heat” Campaign Launched
New destination for Godiva lovers
Rendezvous Between Moon and Chronograph Da Vinci Perpetual Calendar Chronograph
The Outlet Village Celebrates Eid Al-Fitr and DSS with Fun-Filled Entertainment ...
Summer Style in Your Suitcase with LE66
Khater Massaad's Former Georgian Chief Aide Found Guilty of Fraud in Georgia and...
Memorandum of Understanding Signed Between Mohammed Bin Rashid Space Centre has ...
ADNEC Group Wins Two Prestigious AEO Awards
Dubai Outlet Mall and the UAE Red Crescent join hands to give free Eid clothing ...
InSinkErator contributes to UAE State of Energy Report for third consecutive year
2XL Launches Martin Collection with Statement Headboard Design
New American School for Dubai in 2018 by Esol Education
His Highness Sheikh Hamed bin Zayed Al Nahyan Attends First Graduation Ceremony ...