Ale Holding's shares hit an all-time high during Thursday's session, October 15, 2025, marking its first day of trading on the Dubai Financial Market. The stock's price rose by over 3%, peaking at 1.54 dirhams. The company's IPO had begun on September 23, 2025, through the offering of 20% of its capital, equivalent to one billion shares. Ale Holding will be added to the Islamic Index on December 22, 2025, in line with the periodic review of the General Index and the Islamic Index by the Dubai Financial Market. Ale Holding's IPO is the largest in the history of the construction sector in the UAE, both in terms of market capitalization and offering size, and it is the first listing in the sector in over 15 years.
