Discover new possibilities for Indian entrepreneurs as the Dubai Financial Market opens doors to a world of global investment opportunities. With this exciting pathway now accessible, ambitious entrepreneurs from India can tap into the vast potential of the international market. The Dubai Financial Market serves as a promising platform, offering a conducive environment for growth and innovation. This strategic move strengthens the bridge between the two nations, fostering a stronger economic partnership. As opportunities abound and doors swing open, Indian entrepreneurs are empowered to seize the moment and embark on a journey towards international success. Embrace the boundless potential that awaits, and let the Dubai Financial Market be your gateway to global investment prosperity.
Dubai Financial Market Provides Indian Entrepreneurs
Year | Dubai Financial Market (DFM) Highlights |
---|---|
2022 | DFM became one of the most active markets globally for initial public offerings (IPOs) and listings, even amidst international stock markets experiencing their worst falls in nearly a decade. |
Five Dubai government-related and leading private-sector issuers successfully raised over $8.42 billion through IPOs, with remarkable oversubscriptions drawing $182 billion of subscribed amounts. | |
DFM plans to support businesses in the region with the launch of an IPO Accelerator Program, creating a unique opportunity for India’s startups to tap into the emirate’s capital markets. | |
The program aims to showcase a roadmap for startups and SMEs, offering workshops and one-on-one meetings with key prospects to provide necessary education, support, and guidance for scaling ventures through to an IPO. | |
DFM’s “unprecedented” success attributed to bringing “quality assets” to the exchange, attracting significant attention from international investors and adding 167,000 investors in 2022. | |
The listing of Dubai Electricity and Water (DEWA) raised $6.1 billion, making it the region’s biggest IPO since Saudi Aramco, with the orderbook being 37 times oversubscribed. | |
Institutional investors accounted for 68% of trading value, and foreign investors held 56% of the market share, lifting the total investor base to 1,185,291 from 215 nationalities. | |
Dubai Financial Market is one of the largest marketplaces in the Middle East, offering an attractive destination for investors looking to diversify their portfolios. | |
EY MENA IPO Eye Report 2022 | Globally, 1,333 IPOs raised $179.5 billion in proceeds, a 45% decrease in volume and 61% decrease in value year-on-year. The Middle East and North Africa (MENA) region remained a bright spot, with MENA IPOs raising over $18 billion, representing 47% of the $38.2 billion raised in the wider Europe, Middle East, and Africa (EMEA) market. |
Despite several international stock markets experiencing their worst falls in almost a decade, the Dubai Financial Market (DFM) emerged as a thriving hub for initial public offerings (IPOs) and listings in 2022. The market saw five Dubai government-related and leading private-sector issuers successfully raising over $8.42 billion, with their IPOs garnering an impressive $182 billion in subscribed amounts due to remarkable oversubscriptions.
Looking ahead, DFM is gearing up to support businesses in the region through the introduction of an IPO Accelerator Program, which presents a unique opportunity for India’s startups to explore the emirate’s capital markets. Hamed Ali, CEO of DFM and Nasdaq, extended a warm invitation to Indian entrepreneurs, emphasizing the benefits of listing on DFM, such as increased exposure, access to international investors, and an avenue for expansion beyond borders. Dubai’s geographical location, dynamic business environment, and access to diverse markets offer unparalleled opportunities for Indian startups seeking growth and global visibility.
The IPO Accelerator Program aims to provide startups and SMEs with guidance and expertise on Dubai’s regulatory environment, business culture, and capital opportunities for scaling ventures towards an IPO. Partnering with the Dubai Chamber of Commerce and several regional and global advisors, the program will offer workshops, one-on-one meetings with key prospects, and support in customizing the route to going public.
DFM’s remarkable success in 2022 was attributed to bringing high-quality assets to the exchange, which garnered significant attention from international investors seeking new investment opportunities. Notably, the listing of Dubai Electricity and Water (DEWA) raised an impressive $6.1 billion, making it the region’s largest IPO since Saudi Aramco, with a remarkable 37 times oversubscribed orderbook.
DFM’s strong performance continues to attract investors, with its trading value reaching AED 19 billion during the first quarter of 2023 and adding 14,635 new investors. Institutional investors accounted for 68% of trading value, while foreign investors held 56% of the market share and represented 78% of new investors on DFM, showcasing the market’s broad appeal to a diverse global audience.
The accelerator program’s potential was recognized by Faizal Bhana, Director Middle East, Africa, and India at Jersey Finance, who highlighted the opportunity for Indian startups to tap into a global pool of investors and leverage Dubai’s status as a global financial hub. With over 70 companies listed on the exchange, DFM remains one of the largest marketplaces in the Middle East, attracting investors seeking to diversify their portfolios.
Amidst a downward trend in IPO volumes and values globally in 2022, the Middle East and North Africa (MENA) region, including Dubai, stands out as a bright spot, with MENA IPOs raising over $18 billion, accounting for 47% of the total raised in the wider Europe, Middle East, and Africa (EMEA) market. The impressive performance further solidifies Dubai’s position as an attractive destination for investors seeking growth and innovation in the region.
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