ALEC Holdings, a major engineering and construction group in the UAE and Saudi Arabia, has announced its intention to float 20% of its share capital on the Dubai Financial Market (DFM)

ALEC Holdings, a major engineering and construction group in the UAE and Saudi Arabia, has announced its intention to float 20% of its share capital on the Dubai Financial Market (DFM). The seller is ICD, the Investment Corporation of Dubai. The IPO subscription period starts 23 September