The London Stock Exchange (LSE) is eyeing up to six "likely listings" from the Middle East and GCC region over the next year, the bourse's executives said on a visit to Dubai.
These would take the form of dual listings and include the forthcoming flotation of the ports operator DP World on the London stock market later this week and the potential listing of the Qatari conglomerate Aamal, which this month announced its intention to list shares in the form of global depositary receipts on the LSE.
The other candidates come from the construction and industrial sectors and "some related to oil and gas," according to Richard Webster-Smith, the manager of international primary markets at the LSE, one of the world's largest stock markets.
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