Spinneys’ IPO numbers throw down a marker for UAE family businesses
As latest UAE IPO opens, retail investors get another shot at raising their visibility
It would not be much of an exaggeration to state that the story of the revival of the UAE capital markets in the last 3 years has the ingredients of a Hitchcockian thriller.
The spectacular rebound in investor interest, spurred on by the privatization program and the capital gains, has by now defenestrated the opinion that the markets are to be left alone. Retail and institutional interest has been astonishingly high with conversations finally making it to the living room, just as they had for the real estate sector.
