Note:

STEP 1

A potential issuer is encouraged to approach NASDAQ Dubai Business Development team at its earliest convenience. They will initially discuss the relevant listing requirements with each issuer and also provide support throughout the entire listing process.

STEP 2

Issuer should complete an internal assessment to ensure that it will be able to fulfill requirements for listing.

STEP 3

Issuer also needs to appoint advisors as required, for example, investment banks, legal advisors, accountants, PR agents etc.

STEP 4

Preparation of listing application and ancillary documents as required for listing.

STEP 5

All supporting documents must be submitted with the Application Form. Payment of the listing fee is due at this stage.

STEP 6

NASDAQ Dubai will review all documentation submitted. Based on the comments given by NASDAQ Dubai, Issuer may be required to make amendments to the draft Offering Circular. NASDAQ Dubai may also request any supplementary information it deem necessary to support the application by the Issuer.

STEP 7

Once NASDAQ Dubai is satisfied it has received all the relevant documentation, it will issue a letter to the Issuer confirming the 12 business days review period will commence of which 5 business days are allocated to the DFSA. NASDAQ Dubai will provide the in-principle approval at the end of the 12 business days.

STEP 8

Issuer will proceed with the roadshow and book building.

STEP 9

Upon completing the roadshow, book building exercise and the offer is closed, Issuer will provide the pricing supplement to NASDAQ Dubai and advice the listing date.

STEP 10

On the listing date, the security will be admitted to the Official List of Securities and trading commences.

STEP 11

Upon admission to the Official List of Securities, Issuer will be considered as a Reporting Entity and is required to comply with the continuing obligation requirements stated in NASDAQ Dubai Listing Rules and Offered Securities Rules