The process of conducting an initial public offering (IPO) in the United Arab Emirates (UAE) is as follows:
5. Allot shares: The company must allot shares to investors based on the subscription price and the number of shares subscribed for.
6. List the shares: The company’s shares must be listed on the relevant stock exchange and made available for trading.
It is important to note that the IPO process can be complex and may take several months to complete. It is also recommended to seek professional advice from legal and financial experts before conducting an IPO in the UAE.