Dubai Taxi IPO oversubscribed in 60 minutes
Dubai Taxi IPO sees huge investor demand: State-owned Dubai Taxi Corporation’s (DTC) IPO offering up 25% of the company was…
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Dubai Taxi IPO sees huge investor demand: State-owned Dubai Taxi Corporation’s (DTC) IPO offering up 25% of the company was…
Dubai’s Road and Transport Authority will be offering a 25% stake in its taxi business
Good morning, friends. It’s a reasonably brisk morning for news: Lamees El Hadidi tore a strip off policymakers last night…
All together, IPOs in Saudi Arabia raised USD 330 mn in 3Q 2023
Analysts don’t expect investor appetite for IPOs to return until 2024
The Emirati wealth fund acquired 25-35% stakes in the three state-run firms for USD 800 mn
Dubai’s Road and Transport Authority is looking to raise USD 300 mn from the listing
The company will offer 643 mn shares at a nominal value of USD 0.50 per share
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