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UAE stock markets surge by Dhs257bn in 2024

UAE stock markets surge by Dhs257bn in 2024

The volume of shares traded during 2024 exceeded 142 billion shares; 90.16 billion shares traded on the ADX and 51.85 billion shares on DFM

Dubai Financial Market appoints new CEO

Hamed Ahmed Ali was previously appointed as deputy CEO and chief markets officer in July 2020

Dubai to encourage IPOs from private firms to revive market

The city merged its economic and tourism departments on Saturday

Saudi bourse Tadawul ends IPO wait, plans to list 30% stake

The offering could value it at between $3bn and $4bn

Saudi bourse restructures itself with eye on IPO in second half

The newly created Saudi Tadawul Group will have four subsidiaries

World’s biggest IPO just got bigger: Saudi Aramco IPO at $29.4bn

Goldman Sachs Group, one of the underwriters of the deal, exercised the over-allotment option and increased the offering