TRENDS MAGAZINE

The UAE’s IPO market is dominated by large, multimillion-dollar firms. With the government’s renewed focus on the advancement of SMEs, the question around the potential of SMEs going public has been doing the rounds in the industry

NASDAQ Dubai, which is regulated by Dubai Financial Services Authority (DFSA), also set up an advisory group early last year to discuss potential developments and regulatory frameworks that would encourage SMEs to get publicly listed.

While the ‘S’ part of the SME equation doesn’t fit the IPO picture, the benefits for medium-sized businesses going public can be attractive.

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