Booming Pipeline of IPO Deals Is Said to Get Push From Abu Dhabi May 25 2021, 10:52 PM May 25 2021, 9:30 AM May 25 2021, 10:52 PM (Bloomberg) -- (Bloomberg) -- Abu Dhabi is dangling incentives to revive initial public offerings after a dry spell of nearly four years thatâs defied the rally in global stock markets. The Abu Dhabi Securities Exchange, owned by wealth fund ADQ, is reaching out to state-run firms and family-owned companies, according to people familiar with the process. The bourse, known as ADX, is offering sweeteners that include flexibility on the minimum stake size required for share sales and promising to reduce or forgo listing fees, they said, asking not to be named as the discussions are private.