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Home News Stock Markets

Three new IPOs add $5.8 billion to UAE’s stock market capitalisation in 2024

admin by admin
June 18, 2024
in Stock Markets
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Alef Education, Parkin and Spinneys have had successful IPOs on UAE stock markets so far this year

The UAE’s stock markets attracted new capitalisation of nearly AED21.3 billion ($5.8 billion), thanks to three new initial public offerings (IPOs) witnessed since the beginning of this year, in line with market plans to double its market value to around AED6 trillion in the coming years.

The initial public offerings and new listings contributed…



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