Rasmala’s Post

7 companies in the UAE raised a combined total of $6 billion through IPOs in 2024 4 of these were listed on the Abu Dhabi Securities Exchange (ADX) 3 of these were listed on the Dubai Financial Market (DFM) This also helped boost the UAE stock market, which hit $1 trillion market cap for the first time back in November With ADX contributing $801bn and DFM contributing $206bn The major listings: talabat: (DFM) Proceeds: $1.9 billion LuLu Group International: (ADX) Proceeds: $1.85 billion NMDC Energy: (ADX) Proceeds: $877m Alef Education: (ADX) Proceeds: $515m Parkin (DFM) Proceeds: $429m Spinneys (DFM) Proceeds: $375m ADNH Catering (ADX) Proceeds: $223m And it’s clear to see the IPOs reflecting the UAE’s own goals of economic diversification, with the IPOs spanning various sectors One survey suggests 84% of UAE investors expressing a willingness to invest in future IPOs It’ll be interesting to see which companies decide to list in 2025 and how well they’re received by both local and international investors

Talabat Holding has announced the price range of AED1.5 to AED1.6 per share for its initial public offering (IPO) on Dubai Financial Market, thus implying a market capitalisation in the range of AED34.9 billion to AED37.2 billion ($9.5 billion to $10.15 billion). Read more on https://lnkd.in/dCWWjdGF #GInews

talabat has successfully completed its IPO, raising an impressive Dh7.5 billion ($2.04 billion) on the Dubai Financial Market. This marks the largest global tech IPO of 2024 so far! Key highlights: • Final offer price: Dh1.60 per share • Total shares offered: 4.68 billion (20% of issued share capital) • Implied market capitalization: Dh37.3 billion ($10.2 billion) The strong demand from both regional and international investors showcases the confidence in Talabat's growth potential and the attractiveness of Dubai's capital markets. #TalabatIPO #DubaiFinancialMarket #TechIPO #MENATech #FoodTech

UAE’s IPO Surge: Redefining Regional Market Dynamics The recent listings of talabat, LuLu Group International, Parkin etc. has cemented UAE's helm as the leader in IPO Market across Africa, Middle East and Europe Talabat's IPO alone has raised $2 Billion which makes it the largest tech IPO of this year and the Gulf region has collectively raised $12 Billion in IPO's this year marking it's dominance over global markets The accessibility for retail investors (Individuals) and the impressive returns from these IPO's have helped in this success for the UAE The Securities and Commodities Authority (SCA) of the UAE has played a major role in improving the investment ecosystem and boosting retail participation, particularly in IPOs with transparency, security guidelines, corporate governance, educational services etc. The SCA also mandates that listed companies in the UAE must have at least one female director on their boards What excites me most is the potential ripple effect this could create across the region, driving innovation and long-term growth. The UAE’s commitment to balancing ambition with strategy is a lesson for global markets. #UAE #EmployeeWelfare #WorkplaceBenefits #Productivity #HR #Dubai #AbuDhabi #WorkCulture #Stocks #Growth #IPOTrends #UAEIPO #Vision2030 #FinancialMarkets #SustainableEconomy #EconomicGrowth

Hello LinkedIn Community, I’m excited to share that I’ve decided to embark on my investment journey by diving into the Dubai stock market. So far, I’ve invested in the Talabat IPO, though it hasn't performed as expected up until now. 😅 As I continue to build my portfolio, I’m seeking guidance from experienced investors in the community. I’d greatly appreciate your insights on the following: - Which stocks would you recommend for someone just starting out? - Are there any mutual funds or ETFs that are worth considering? - What types of bonds should I be exploring for stability and long-term growth? - What key factors or metrics should I consider when evaluating a stock, mutual fund, or bond? I’m looking forward to learning from your expertise and experiences. Thank you in advance for any advice you can share! All my best, Hira #InvestmentJourney #StockMarket #Investing #FinancialLiteracy #Stocks #ETFs #MutualFunds #Bonds #PersonalFinance #InvestmentTips #WealthBuilding #LongTermInvesting #FinancialPlanning #InvestmentStrategy #LearningAndGrowing #DFM #DubaiInvesting

Talabat's highly anticipated IPO has been upsized due to overwhelming investor interest. The company increased its offer size from 15% to 20%, raising the number of shares offered to investors from 3.49 billion to 4.66 billion. Initially set to raise $1.5 billion, the total deal size has now expanded to $2.03 billion. This move highlights the robust appetite for IPOs in the UAE, especially in Dubai, which has become a hotspot for high-profile listings in the region. The increased offering not only boosts liquidity but also underscores investor confidence in Talabat’s growth potential and market leadership. #TalabatIPO #DubaiMarkets #GCCInvestments #TechIPO #InvestorDemand #MiddleEastFinance #DubaiIPO #MarketTrends #GCCGrowth #UAEInvestments #DFM

📰 Big news Talabat is going public on Dubai Financial Market. Download the xCube App now and get ready for this landmark listing🛵 #IPO #Talabat #xCube #Investment #DFM

Talabat is going public on Dubai Financial Market.

Talabat, the leading food delivery platform in the Middle East, made its highly anticipated trading debut on the Dubai Financial Market (DFM) after raising $2 billion (AED 7.5 billion) in its Initial Public Offering (IPO). Despite opening above its IPO price at AED 1.70, Talabat’s shares plunged 6.8%, closing at AED 1.49 on its first day. The IPO was the largest tech-sector listing in the Gulf Cooperation Council (GCC) this year, giving Talabat a market capitalization of approximately AED 37 billion. #Talabat #IPO #DFM #Dubai #UAE

Talabat, the leading on-demand delivery platform in the MENA region, made its debut on the Dubai Financial Market (DFM) today, marking the largest global technology IPO of 2024. However, the company’s shares closed 6.9% lower at 1.49 dirhams, dampening some of the excitement around its successful fundraising. The stock opened at AED 1.7, rising over 6% from its offer price, and reached a high of AED 1.72. The early gains were wiped out during the session, with the stock closing at AED 1.49 after hitting a low of AED 1.43. The closing price gives Talabat a market cap of $9.45 billion. Read more: https://lnkd.in/dqNCup42