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Davidson Kempner latest to join ADGM rush
Plus: Al Mal Capital REIT enters healthcare space
Dubizzle pulls the trigger on its long-awaited Dubai IPO
The listing could value the company at USD 2 bn
UAE markets ease in September as Saudi rally powers GCC’s strongest monthly gains in nearly two years
YTD, ADX is up 6.3% and DFM is up 13.2%
THIS MORNING: Dubai’s KHDA mulls initiatives to lower private school tuition fees + ADX to add three more exchanges to Tabadul this year
Plus: Tadweer launches new waste collection arm
Mubadala wraps AED 3.2 bn du follow-on offering
This is the first fully-marketed secondary share offer in the UAE
Alec Holdings set to become Dubai’s first corporate IPO this year
Subscriptions will run from 23-30 September.
Abu Dhabi sees biggest earnings growth in the region in 2Q, while earnings in Dubai were down
Abu Dhabi-listed companies' net income rose 18.3% y-o-y, while Dubai-listed firms’ fell 5.7% during the quarter
Foreign trades surpass local ones on the DFM for the first time
The DFM General Index is up 18.6% YTD, extending its run as the Gulf’s best-performing benchmark for a third year
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