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A total of 13 private companies have completed listing in the UAE Capital Markets with a AED 8.3 billion ($2.3 billion) capital boost. Of this 12 are listed on Abu Dhabi Securities Exchange (ADX), while one is listed on the Dubai Financial Market (DFM).
Orders peaked at $1.5bln, the DFM-listed lender said
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Ajman Bank will use the proceeds of the raise to anchor its capital base in order to comply with the central bank capital adequacy requirements
Abu Dhabi had the largest share of the total capital of registered PJSCs