ICM.com Launch Vibrant opportunity to Subscribe to the Tecom IPO| FXMAG.COM

London, UK – [15.06.2022]: ICM.com, a leading online trading and financial service provider, today announced the opening of subscriptions for shares in Tecom groups’ IPO, via their ICM Securities platform.

TECOM Group are the owners of 10 business districts across Dubai including Dubai Internet City and Dubai media city. The business clusters are home to offices, Co-working spaces, and warehouses which are leased to over 6000 companies from startups to international corporations. The clusters also provide industry-specific facilities including laboratories, media production studios, and higher education campuses.

The company is currently up for IPO with subscriptions opening on the 16^th of June and closing on the 23^rd. Tecom plans to sell 12.5 percent of the company as 625 million shares with the price range announced on the 16^th of June. Subscribing to Tecom’s IPO does not mean you have to purchase shares once the price is released. As an online trading platform, ICM offers a smooth process with no minimum requirement and no investor number needed.

Tecom group was founded in 2005 and is a subsidiary of Dubai Holdings which is owned by the government of Dubai. The buildings offer a diverse range of high-quality facilities and are largely positioned in prime areas of Dubai. Tecom group’s financial profile is attractive with the company announcing Dh485 million in revenue in the first quarter of this year. The company is offering a generous dividend policy with plans to pay out over Dh 800 million.

Tecom group will be offered on the Dubai Financial Market exchange on the 5^th July. ICM.com are taking subscriptions via their securities platform. ICM Securities is a secure, online investment stocks platform that offers access to all the major global stock exchanges as well as a variety of smaller MENA region exchanges such as the Saudi exchange and Dubai Nasdaq.

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‘ICM has always had a strong presence in the MENA region and we’re thrilled to be offering this opportunity to both new clients and our existing investors. The UAE is a thriving economy and currently at the forefront of the IPO market.’ Shoaib Abedi, Founder, and CEO of ICM.com

For further information please visit www.ICM.com

ICM.COM Market Updates

ICM.com is a UK-based, global, multi-regulated broker, and financial services provider, providing online foreign exchange (FOREX) and Contract for Difference (CFDs) trading solutions as well providing access to most of the world’s stock exchanges via its ICM Securities platform.

ICM’s aim is to provide a safe online trading environment and comprehensive support to all its customers with no compromise on speed, performance, variety of instruments, or price.

The company provides one of the highest levels of insurance in the industry. Client funds are secured in segregated accounts with tier 1 banks and they offer a variety of ways to ensure your funds are always easily accessible. They also have a Civil Liability Insurance Programme that covers up to £5 million.

ICM.com have over 5,000+ products available including currencies (FOREX), Indices, Commodities, precious metals, futures, and cryptocurrencies making them a one-stop-shop for all your trading needs. Its products can be traded via the MetaTrader 4, MetaTrader 5, or cTrader platforms. The company also provides access to all the major stock exchanges globally via its ICM Securities platform.

ICM.com Launch Vibrant opportunity to Subscribe to the Tecom IPO

ICM.COM Market Updates

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