Dubai’s IPO Moves Add $3 Billion to Bourse Operator’s Value

  • DFM’s market cap has more than doubled to $5.4b in two weeks
  • Surge follows Dubai’s aggressive moves to enhance liquidity

The Dubai Stock Exchange in the United Arab Emirates. 

Photographer: Giuseppe  Cacace/AFP/Getty Images

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Dubai’s aggressive moves to grab a piece of the red hot Middle Eastern IPO market have helped more than double the value of its exchange operator over two weeks.