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Dubai is becoming a super magnet for big IPOs
The UAE is set to be the busiest listing venue in the Mena region for the third consecutive year
Talabat raises AED 7.5 bn in world’s biggest tech IPO of the year
The IPO was priced at the top of the range
Talabat ups the size of its IPO to become the UAE’s biggest this year
The company saw strong demand from anchor investors
THIS MORNING: Investigations launched into the murder of Israeli rabbi + Adnoc hints at secondary share sale for Adnoc Gas
Plus: UBS sees the UAE’s non-oil GDP growing 4.7% this year
Talabat IPO fully covered on day one
The company is on track to raise up to USD 1.5 bn
Dubai Holding mulls IPOs for commercial and residential property units
The IPOs are expected to take place next year
Talabat IPO to raise up to USD 1.5 bn
The IPO is the second-biggest in the UAE this year
THIS MORNING: Lulu Retail shares are rising days after its debut + Pure Harvest eyes IPO in 2027
Plus: UAE landed the 26th spot globally and the first among Arab countries on the 2023 Global Knowledge Index
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