Barclays is serving as a joint bookrunner for Dubizzle Group’s initial public offering (IPO), which involves selling a 30.34% stake on the Dubai Financial Market (DFM). The subscription period will run from October 23 to 29, with trading set to begin on November 6. The deal marks one of the region’s most anticipated listings, highlighting Dubai’s growing appeal as a hub for technology and digital investments.

In parallel, Barclays PLC reported a significant share buyback activity. On October 13, 2025, the bank repurchased 165,999,571 shares at an average price of 373.35 pence per share, reducing its issued share capital to 13,965,803,603 shares. This move is part of Barclays’ ongoing capital optimization strategy aimed at boosting shareholder value and maintaining financial stability.

Meanwhile, the bank’s September consumer spending data revealed a 0.7% decline in debit and credit card usage, reversing the 0.5% increase recorded in August. Analysts attribute the slowdown to persistent inflationary pressures and growing consumer caution amid economic uncertainty.

Despite short-term challenges in consumer activity, Barclays continues to strengthen its global market position through strategic investments, corporate partnerships, and shareholder-focused initiatives — reinforcing its adaptability in a volatile financial environment.