ICM.com Press Releases

ICM Announces Exclusive Access to ADNOC Gas IPO

London, UK - Tuesday, February 21, 2023 - ICM.com, the leading investment service provider, is proud to announce that it will be offering its clients the opportunity to subscribe to the upcoming initial public offering (IPO) of the Abu Dhabi National Oil Company's (ADNOC) subsidiary, ADNOC Gas.

ADNOC, a UAE-based state-owned oil company, is set to offer a 4% stake in its gas business through an upcoming IPO. This IPO is expected to be one of the most significant financial market events globally this year. In the first 10 months of 2022, the company earned a net income of $4.2 billion, up from $3.6 billion in the whole of 2021. From March 13^th, ADNOC will list more than 3 billion shares on the Abu Dhabi stock exchange, which investors can purchase. The company aims to maximize the value of its assets, expand its global reach, and provide an opportunity for local and international investors to invest in the country's growing economy.

ICM.com is excited to offer its clients exclusive access to the ADNOC Gas IPO through its ICM Securities platform. The subscription process is fully digital, streamlined, and does not necessitate a national investor number (NIN) or impose any minimum investment requirement, making it an accessible and hassle-free experience for clients. By subscribing to the IPO, clients will have the opportunity to invest in one of the world's premier energy companies and gain exposure to a high-growth sector of the global economy.

"We are thrilled to offer our clients the opportunity to invest in the upcoming ADNOC Gas IPO," said Shoaib Abedi, CEO and Founder of ICM.com. "This is a rare chance to participate in the growth of a world-class energy company and gain exposure to a rapidly expanding sector of the global economy."

ICM Securities platform, available on both desktop and mobile, enables users to invest in a range of companies in the United States, Europe, and Arab countries, gaining your shareholder's rights, such as earning dividends. With a user-friendly interface, real-time market data, and access to a wide range of trading tools and resources, ICM.com is the ideal partner for investors seeking to participate in the upcoming IPO.