Alpha Data Surges 6.667% on Market Debut, Raising Dh600 Million in Abu Dhabi IPO

UAE’s First IPO of 2025 Marks a Significant Milestone for Digital Transformation and Innovation on the Abu Dhabi Securities Exchange Alpha Data, a prominent provider of digital transformation solutions and systems integration services in the UAE, celebrated a successful market debut on the Abu Dhabi Securities Exchange (ADX) on Tuesday, March 10, 2025. The company’s shares surged 6.667% on their first day of trading, closing at Dh1.60, up from an opening price of Dh1.53. This marks a major achievement as the UAE’s first Initial Public Offering (IPO) of 2025 and the second listing on ADX in the year. The strong … Continue reading Alpha Data Surges 6.667% on Market Debut, Raising Dh600 Million in Abu Dhabi IPO