11 initial offers in UAE markets raise 51.2 billion dirhams and orders exceed 1.4 trillion dirhams during 2022.
Local financial markets witnessed 11 initial offers of new companies during 2022, in a move that contributed to increasing the depth of the market, increasing their investment attractiveness and attracting a new segment of investors, thus establishing the position of the financial markets in the country as one of the most important financial and business markets in the world.
And according to monitoring by the Emirates News Agency, WAM, the new offers raised about 51.2 billion dirhams, amid a large and record response from investors, sovereign wealth funds and global investment portfolios, with the total demand for these offers reaching more than 1454 billion dirhams, which reflects great confidence in the strong economic approach adopted by the UAE in its major companies and institutions.