Emirates Global Aluminium has initiated preliminary investor meetings in the UAE, potentially paving the way for an initial public offering (IPO), which could become one of the largest in the Gulf region, according to sources familiar with the matter. Previous sources estimate the potential offering value between $10 billion and $15 billion. Sources who preferred to remain anonymous suggest the offering is likely to be in Abu Dhabi. The company also plans to meet with regional and international investors in the coming months, aiming for an early-year listing. It is noted that discussions are still in the initial stages, and there is no confirmation of the deal's completion or the final listing location yet.
