ALEC Initial Public Offering (IPO)

ALEC Holdings PJSC (under conversion in Dubai, UAE), announced its intention to list 20% of its share capital on the Dubai Financial Market (“DFM”) through an Initial Public Offering (“IPO”).

ALEC Holdings (and together with its subsidiaries, “ALEC”) is a market leading diversified engineering and construction group with operations focused on large-scale, complex and iconic building and energy projects in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA).

Indicatively Emirates Islamic is offering its existing customers a 1:5 financing for this issue.

Pre-approval is required, Terms & Conditions apply.