After Spinneys IPO, UAE stock markets take step closer to $1 trillion market cap
Spinneys has just announced its IPO, and there will be more private sector names
Spinneys has just announced its IPO, and there will be more private sector names
As investors start to think more critically of the IPOs coming out in the Gulf and UAE in particular, one milestone bears worth highlighting.
With the latest Spinneys offering, the UAE capital markets are on the cusp of passing the $1 trillion in market capitalization, making it an even more likely recipient for foreign capital inflows. And which has always been the objective of the regulators.
