Abu Dhabi-based  Rotana Group , a major hotel operator, is ready for an initial public offering (IPO) but is awaiting a green light from shareholders. Co-founder and vice chairman Selim El Zyr stated the company could list its shares immediately if there's board consensus. While IPO-readiness is nearly complete, shareholders may prefer to wait for 10–15% more growth over the next 2–3 years .   In the meantime, Rotana is pursuing aggressive expansion through mergers and acquisitions (M&A) and exploring entry into new markets . The company currently operates 79 hotels across the Gulf, Middle East, Africa, and Europe, and plans to introduce a new luxury brand . Rotana joins a growing list of companies in the Gulf considering IPOs amid strong regional market momentum.         (ICE DUBAI)

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