The Dubai Financial Market and Dubai Chamber of Commerce, in partnership with 20 regional and international consulting firms, announced today, Thursday, the launch of the “IPO Accelerator Program” to support the growth of regional companies and accelerate their transformation into listed companies by offering their shares for public subscription.

The new program comes, according to the Emirates News Agency (WAM), within the framework of the Dubai Economic Agenda (D33) projects aimed at strengthening the leading position of Dubai as a global commercial and financial center.

The IPO Accelerator Program targets large family and private companies and other companies within sectors that can benefit from Dubai’s capital markets and provide opportunities for growth.

Within this program, the Dubai Financial Market and the Dubai Chamber, with the participation of experts from local and international consulting firms, will organize workshops to qualify private companies. The program will also organize individual meetings with the most prominent companies likely to implement public offerings in order to prepare their plan for this strategic step.