The subscription period for the offered tranche will also remain United Arab Emirates The Qualified Investors segment will remain unchanged and will close on 7 and 8 November respectively.
The Gulf region is witnessing an IPO boom, with governments of Saudi Arabia, Abu Dhabi and Dubai encouraging state-led listing programs, to take advantage of high oil prices and the relative scarcity of such offers in others. markets.
AndUpgrade The fourth state-owned entity seeking to list its shares in Dubai this year in a program aimed at strengthening investor interest in the local stock exchange.
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The size of the new offering will be two billion common stock, which indicates a new offering of 20 percent of the capital, up from 15 percent.
Qualified investors will go from one billion and 400 million to one billion and 900 million ordinary shares.
The individual investor segment will remain unchanged.
The subscription period for the offered tranche will also remain United Arab Emirates The Qualified Investors segment will remain unchanged and will close on 7 and 8 November respectively.
The Gulf region is witnessing an IPO boom, with governments of Saudi Arabia, Abu Dhabi and Dubai encouraging state-led listing programs, to take advantage of high oil prices and the relative scarcity of such offers in others. markets.
AndUpgrade The fourth state-owned entity seeking to list its shares in Dubai this year in a program aimed at strengthening investor interest in the local stock exchange.
