Photo : Abu Dhabi Media Office
Mair Group has officially listed its shares on the Abu Dhabi Securities Exchange (ADX). This means both big investors and regular people can now buy and sell shares in Mair Group. This step shows the company’s aim to make its business more open and available to everyone.
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The shares started trading at a price of AED 1.16 each. The total value of Mair Group is about AED 2.6 billion (USD 706 million). This makes Mair Group one of the key companies in the UAE’s retail, real estate, and investment industries.
The company is focusing on growing its food business and commercial real estate projects. They are also working on projects to support the UAE’s food supply plans. This direct way of listing will allow shareholders to sell their shares easily and will give new investors the chance to invest in the company.
Captain Mohamed Juma Al Shamisi, Chairman of Mair Group, said: “This is a big step for Mair Group. We are happy to give our partners and supporters a chance to join us in building a better future. This step shows our focus on growth, innovation, and creating value for everyone involved with us.”
He also said: “This is about more than just numbers. It shows our trust in opportunities, growth, and our mission to help the UAE community.”
Abdulla Salem Alnuaimi, the CEO of ADX, congratulated Mair Group. He said: “We are proud to welcome Mair Group to the ADX. This is the 26th financial company to list this year, showing that ADX is a strong and trusted financial platform. This listing will bring many opportunities to Abu Dhabi’s financial market.”
Nehayan Al Ameri, the CEO of Mair Group, also shared his views. He said: “This listing is an important step that will help Mair Group grow and expand its business. It gives investors a clear way to join in on our success. We plan to grow our retail business, improve our real estate projects, and bring new opportunities to the UAE.”
Mair Group believes this step will create more opportunities and bring in new investors. They aim to focus on growth, creating value, and supporting the UAE’s economy for the future.
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