Thursday 7 June 2012

First IPO planned on Nasdaq Dubai since 2008 - The National

The Nasdaq Dubai stock exchange is in line for its first public share sale since 2008, after the little-known RegisCard, based in London, yesterday announced its intention to list.

The company announced an agreement with Global Equity Partners to manage an initial public offering on the bourse as it seeks to tap opportunities in the financial services sector in emerging markets.

The company has made several acquisitions and developed software to introduce prepaid debit cards and discount cards to the international community.

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