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Tecom to be included in Dubai Financial Market’s general index from Monday

Newsroom Editor by Newsroom Editor
August 6, 2022
in Business
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Tecom Group, the operator of business districts in Dubai, will be included in Dubai Financial Market’s general and real estate indices from Monday, the bourse regulator announced on its website.

The company began trading on the DFM on July 5, after raising Dh1.7 billion in an initial public offering that drew substantial demand and was oversubscribed by more than 21 times.

The UAE retail offer was oversubscribed by almost 40 times in aggregate,…



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