ADX proposes region’s first SPAC regulatory framework
The ADX and ADDED, in conjunction with legal and investment specialists, have worked together to produce the proposed SPAC regulations, assessing the regulatory landscape and benchmarking US and international SPAC regulations. Following its review by the SCA, the SPAC proposal will require formal regulatory approval.Dubai-based Swvl to go public through $1.5bn SPAC deal
The company has signed a merger deal with Queen’s Gambit Growth Capital, the first special purpose acquisition company (SPAC) led by women, that would result in Swvl being listed on Nasdaq.Dubai’s Shuaa plans SPACs worth $600 million
Shuaa Capital plans to set up three blank-check companies of around $200 million each.Dubai private jet company to go public
With a fleet of more than 70 aircraft, the transaction could value company at $10 billion Vista was founded by Swiss billionaire Thomas Flohr with just three planes in 2004 The Dubai-based private jet company, Vista Global Holding Ltd., might go public through a merger with a Special Purpose Acquisition...






