DIFX fights back for Gulf listings

The Dubai International Financial Exchange, the Emirates-based bourse that has struggled to attract issuers since the landmark $5bn (€3.2bn) public offering by DP World, has won its first primary listing since the international port operator floated last November.

Dubai-based interiors company Depa has been undeterred by the 36% slump in DP World shares since it listed on the DIFX and has announced plans to raise $400m on the exchange as well as listing global depositary receipts on the London Stock Exchange.

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