The Abu Dhabi Securities Market said on Monday it expects at least seven companies to sell shares in initial public offerings this year and list on the emirate's exchange.
"I've heard that there will be a minimum of seven substantial IPOs this year," Tom Healy, director general of the bourse, told Reuters in Abu Dhabi at the start of an investment conference.
The seven include Abu Dhabi-based Al Qudra Holding which said on Sunday it was delaying its March IPO to later in the year. (Reuters)
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