ALEC Holdings debuts on DFM in UAE's largest-ever construction sector IPO

DUBAI, 15th October, 2025 (WAM) -- Dubai Financial Market (DFM) today welcomed the successful debut of ALEC Holdings, a diversified engineering and construction group headquartered in Dubai.

The listing marks the UAE's largest-ever initial public offering (IPO) in the construction sector, by both valuation and size, and the first in the sector in over 15 years. It underscores Dubai's position as a leading global