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Abu Dhabi Says There’s More to Come After Year’s Biggest IPO

  • IPO candidates include family conglomerates, tech companies
  • Emirate’s main energy firm raises $2.5 billion in gas unit IPO
The headquarters of the Abu Dhabi National Oil Co., right, in Abu Dhabi, United Arab Emirates.

The headquarters of the Abu Dhabi National Oil Co., right, in Abu Dhabi, United Arab Emirates.

Photographer: Christopher Pike/Bloomberg

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At least eight companies are expected to list in Abu Dhabi this year after the emirate’s main energy company pulled off the world’s biggest listing so far in 2023.