Dubai: The UAE is getting its third IPO of the year, with Alef Education Holding offering 1.4 billion shares, which is 20 per cent of its equity capital. Subscription opens from May 28 to June 4.
This will also be the first listing for the ADX this year.
Alef Education offers AI-powered learning solutions and is ‘indirectly majority owned by Abu Dhabi Capital Group’. ● The group provides digital educational resources to all public and many private schools in the UAE. (It has a 100 per cent…