Enabling Growth for UAE Businesses: Nasdaq Dubai Initiative
Nasdaq Dubai Limited recently unveiled the Growth Market Initiative to bolster trading and commerce within the United Arab Emirates. This program seeks to facilitate a flourishing environment for businesses of all sizes, particularly small and medium sized enterprises (SMEs), through access to resources such as funding, mentoring, and investment. Through the initiative, companies can list publicly on Nasdaq Dubai and gain widespread visibility with potential investors from around the region.
The Growth Market Initiative is a substantial step towards strengthening the UAE’s economy, creating jobs, and stimulating entrepreneurial activities within the country. The Nasdaq Dubai Growth Market has been created with the purpose of providing cost-effective listing options to quickly-growing companies based in the United Arab Emirates. By doing so, this milestone event stands an excellent chance of becoming a major attraction for investors seeking access to small businesses in the post-pandemic world.
This innovative stock market was approved by Sheikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and will be managed by Nasdaq Dubai. This platform is part of the Dubai Future District and will host entities from all around the globe looking to extend their reach into the MENA region.
The Nasdaq Dubai Growth Market provides substantial investment opportunities for small and mid-sized companies, both in terms of affordability and range. Thanks to the backing of The House of Maktoum, this move is expected to bring even more economic growth to Dubai and consequently greater profits to investors.
Unleashing Investment Opportunities: Nasdaq Dubai Growth Market
Nasdaq Dubai Limited is the ultimate destination for businesses in the UAE seeking to go public. The platform makes IPOs a breeze, offering companies access to a global inventory of investors. As a member of the Dubai International Financial Centre (DIFC), Nasdaq Dubai provides efficient capital raising and exit opportunities with transparent regulations and high liquidity. This makes it an attractive option for both domestic and international investors looking to capitalize on profitable opportunities available in Dubai.
Nasdaq Dubai Limited is the premier financial institution empowering domestic and international companies to reach the pinnacle of success in the stock exchange arena. With access to share options from both local and global markets, they provide unrivaled infrastructure that is further augmented by their Growth Market initiative, allowing businesses to achieve unparalleled financial security.
The highly trained team at Nasdaq Dubai successfully guides corporations through the entanglement of stock market operations, providing them with critical insight for wise investments. Investors gain invaluable advice from the skilled professionals at Nasdaq Dubai which allows them to realize maximum profits from stock market trades.
Nasdaq Dubai possesses the experience necessary to tame the often volatile nature of the stock market, setting up a stable investment playground for companies doing business in the region.
Also Read: The Indispensable Role of Fintechs in Bridging the MSME Finance Gap
Exploring Opportunities for Fundraising : Raising Capital for Small & Medium Enterprises through SME Bourse
SMEs with market capitalization below $250 million can access additional funding via the SME Bourse, which is a specialized listing jurisdiction of Nasdaq Dubai. To list on the SME Bourse, the company only needs one year of operating history, compared to the traditional three year requirement. Moreover, only 25% of the company shares are offered in an Initial Public Offering (IPO). Participating in the SME Bourse allows businesses to gain access to new forms of capital, increase liquidity, and expand visibility in global markets. The SME Bourse makes IPOs more accessible, thus increasing success possibilities for ambitious SMEs.
Now let’s go over the eight unique advantages that your organization may gain by entering Nasdaq Dubai Growth Market:
- Unlock Global Opportunities with Nasdaq Dubai Limited’s Growth Market: Nasdaq Dubai Limited’s Growth Market provides unprecedented access to investors from all over the world, representing more than 110 countries.
- Recognition of Your Brand on a Global Scale: An important benefit is that it gives your institution global brand recognition and increased visibility by being listed on the Growth Market, allowing for expansion into international markets. Furthermore, listing on Nasdaq Dubai brings an enhanced level of brand awareness in the Dubai markets, as it is a trusted and well-known stock exchange in the region.
- Nurture Market Confidence: Through the creation of worldwide standards and corporate governance procedures, the organization will build market trust and boost its reputation once listed.
- Global Advisors Ecosystem: Nasdaq Dubai Ltd offers a suite of services and tools designed with investor protection in mind. Our team of experts will be available to provide the necessary support and advice during the entire listing process.
- Transparency and Procedure: The Growth Market is a quick process and enables post-listing information that allows shareholders to undertake financial transactions swiftly and with full transparency. All investments undertaken in this market are backed by the assurance of total transparency, ensuring investors make well-informed decisions that are safeguarded from unethical practices. A cornerstone of Nasdaq Dubai’s mission is to adhere to fair investor protection and uphold responsible business behavior.
- Greater Control: Issuers will get greater control of their holdings as a result of the low floating rate, which also enables firm owners to float 25% of their stake in the business. This will help you to determine the IPO price via a book-building procedure effortlessly.
- Simple Listing Procedure: Growth Market is an excellent option for small and medium-sized enterprises (SMEs) due to its easier listing process, which includes fewer requirements, as well as its lower exchange, annual fees, and process. By listing on the Nasdaq Growth Market, small and medium enterprises (SMEs) can take advantage of reduced fees such as an application fee of just USD 5,000 and nominal annual fees of USD 10,000.
- Revered Position: Located advantageously in the business core of the city at the DIFC and functioning in compliance with Dubai Financial Services Authority, the project will enable Nasdaq to insure your firm obtains the greatest financial environment.
Reliable Insight for Investors: Nasdaq Dubai’s Promise
The Nasdaq Dubai Growth Market offers investors a unique opportunity to tap into the potential of Small and Medium Enterprises (SMEs) in the United Arab Emirates. With SMEs making up approximately 50% of the country’s total Gross Domestic Product (GDP), this market provides innovative businesses with access to crucial funds and resources needed to expand their operations.
Wrapping up
Similar alternative markets, such as London’s AIM, have achieved immense success when it comes to investments and capital-raising for SMEs. It is expected that the Nasdaq Dubai Growth Market will provide similar opportunities for businesses across the nation, enabling Dubai to diversify its economic base and consequently boost GDP growth.
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