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Alec’s shares gain 0.7% on debut
The stock earlier touched a high of AED 1.50
Dubai Investments taps banks to list its Dubai Investments Park unit + Masdar eyes USD 1 bn investment in Turkey?
Plus: Khazna earmarks 400 MW of 1 GW goal for key markets
Dubizzle pulls the trigger on its long-awaited Dubai IPO
The listing could value the company at USD 2 bn
AI fintech Optasia eyes USD 375 mn South Africa IPO
The IPO is still subject to JSE approval
Alec’s Dubai IPO to closed 21x oversubscribed, raises AED 1.4 bn
Trading is set to kick off on Wednesday, 15 October
Amanat Holdings’ Almasar Education is gearing up to debut a 30% stake on Tadawul
Almasar reported a 23% y-o-y jump in its 1H 2025 revenue
Alec Holding’s Dubai IPO sells out in hours
The IPO could raise up to AED 1.4 bn at the top of the range
Alec Holdings set to become Dubai’s first corporate IPO this year
Subscriptions will run from 23-30 September.
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