Dubai retailing and restaurants group Marka will list its shares on the Dubai Financial Market (DFM) on September 25 in the market's first flotation for five years, the company said on Saturday.
New share issues dried up in Du
Dubai's Marka has appointed Nick Peel as chief executive, the retailing and restaurants company said in a statement on Sunday.
Peel joins the start-up firm having previously worked as an executive at British retailer McArthurG
Dubai retailing and restaurants group Marka plans to list its shares on the Dubai Financial Market (DFM) in the second week of September, in what would be the bourse's first flotation for five years, the comp
The first initial public offer of shares on Dubai's main stock market for five years was 36 times subscribed, a sign of massive interest in equities among retail investors as the emirate's economy booms.
The company planning the first initial share offering on Dubai's main stock market for five years says it will spend the proceeds on opening more than 100 fashion stores, restaurants and cafes across the Gulf region over the next five years.
Dubai Financial Market (DFM) today announced that Marka, a public joint stock company under formation, will become the first issuer to utilise the DFM “eIPO” platform, a sophisticated and efficient solution for IPO subscription direc