"2022 was a transformational year for the Dubai Financial Market, with a number of IPOs that have refocused investor attention on the Dubai value proposition. The transactions, which included one of the largest IPOs of the year, were heavily oversubscribed and reflected strong investor demand for the UAE. The continued focus from both global and regional investors is indicative of the UAE's appeal and resilience where other markets around the world have proven challenging to navigate. Bank of America has had the privilege of working on a number of IPOs in the UAE, and will continue to direct investor attention to the DFM platform for compelling opportunities across sectors."