Tue, 21-Oct-2025

Abu Dhabi launches $1.3 billion IPO fund

Abu Dhabi launches $1.3 billion IPO fund

ABU DHABI: Abu Dhabi has launched an IPO fund that will target investing in 5 to 10 companies annually, with a focus on the Small and Medium Enterprises (SMEs) to enhance the position of the Abu Dhabi Securities Exchange, Arab News reported. Abu Dhabi Media Office reported that the value of the fund will be AED5 billion ($1.3 billion) to … Read more