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Aqua Bridge Group Plans IPO on Dubai Nasdaq Amid Revenue Surge
Aqua Bridge Group reveals plans to list its shares on Dubai Nasdaq, capitalizing on a 143% YoY revenue increase. The aquaculture company, operating in six countries, aims for a 425% surge in the current fiscal year. CEO Muhammad Tabish sees the IPO as pivotal for growth and global market presence.
The strategic move aims to secure capital for growth and solidify Aqua Bridge Group's position as an industry leader. Chairman Sheikh Ahmed bin Mana bin Khalifa Al Maktoum underscores the company's commitment to improving food security in collaboration with regional authorities.
The Dubai Nasdaq is considered an exceptional platform for Aqua Bridge Group to elevate its global market presence. The IPO is seen as a logical progression for the organization at a juncture of significant achievements and growth in the aquaculture sector.