Obaid S. Al Zaabi and Securities Commodities Authority

DCEO Listing: Though low oil prices have impacted investor confidence, government efforts to ease restrictions as well an emphasis on economic diversification and cross-sector spending, have helped facilitate public issuances, according to Business Week. According to Dr. Last year saw 27 IPOs raise $11.5 billion, a record since the start of the Global Financial Crisis. Obaid S. Al Zaabi, DCEO for Listing, Disclosure and Legal for the Securities and Commodities Authority and Chairman of the Arab IPO Summit, there is still much work to be done in the Middle East to create the right conditions for the expansion of public issuances. The UAE has already made significant progress in line with this approach with financial market regulators initiating significant developments recently to promote the local IPO markets and support its growth, says Zaabi. In order to ensure long-term financing in regional markets, it is imperative for the market to achieve the balance between conventional investors and IPOs as an ultimate source to raise capital. (news.financializer.com). As reported in the news.