Three IPOs in the worksfor Dubai


DUBAI: Three companies are preparing initial public offerings on Dubai’s main stock exchange, the bourse said, potentially ending a 17-month drought as it boosts efforts to entice local firms to list domestically rather than abroad.

“We are at different stages of discussions with potential issuers including three companies from the industry, oil and gas services as well as healthcare sectors,” exchange operator Dubai Financial Market PJSC said in an emailed response to questions.

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