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ABU DHABI: The Abu Dhabi stock exchange expects an increase in listings this year, even as global economies grapple with high inflation and rising interest rates, its chairman said. "We have a healthy pipeline of IPOs and listings with aspirations to surpass 2022. There will always be challenges, but also opportunities," Hisham Khalid Malak, chairman of the Abu Dhabi
Burjeel Holdings celebrated the listing of its shares on the Abu Dhabi Securities Exchange (ADX) with an official bell ringing ceremony on Monday morning...
Shares began trading at Dh2.45, implying a market capitalisation for the company of $20.05 billion at the time of listing
The retail offering, which attracted higher retail demand than any UAE IPO in nearly 20 years, was 74 times oversubscribed.
Abu Dhabi National Oil Company (Adnoc), together with its long-standing partner Borealis AG, on Friday listed their petrochemicals joint venture Borouge plc,