Secondary proposals in the Emirates approach $ 5 billion, exceeding the initial subscriptions

Companies in the United Arab Emirates have strengthened secondary stocks over the past few weeks, bringing their $ 5 billion yield this year, exceeding the size of the initial proposals. This revival reflects businesses’ efforts to expand the investor base and improve the opportunities to include it in the indicators of global emerging markets. The Abu Dhabi Standard Index rose 6% this year and the Dubai market increase by 15% to attract international investors. Abu Dhabi, Mubadala Investment Company, has its share in Dubai’s telecommunications company “DI”, through an agreement detained for days that can raise up to $ 920 million. The Sovereign Wealth Fund also promised to subscribe to its full share due to release of $ 1.7 billion in the Abu Dhabi Commercial Bank, where Mubadala has the largest share in the bank at around 61%. Read more: Mubadala attempts to collect 3.4 billion dirhams to sell an additional stake in “Du” proposals in Abu Dhabi, as other government agencies in Abu Dhabi have beaten the stock markets in recent weeks, as the most important artificial intelligence company in the Emirate (G42) (G42) (G42)) collected ” Dhabi National Oil Company (ADNOC) received $ 317 million by reducing its share in its logistics arm in the second sale of this year. Financial Group Inc., which helps to arrange the ‘Bressate’: ‘The aptite of international investors has reached a peak, ending the second unit in the UAE. and “Du” fell by 1% and 4%.

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