Browsing: IPO

Parkin has declared an upsurge in the number of shares available in the UAE Retail Offer of its initial public offering (IPO) due to high demand from retail investors.

Parkin PJSC, the primary provider of paid parking services in Dubai, has officially disclosed details about its Initial Public Offering (IPO) on the Dubai Financial Market (DFM).

In its inaugural full-year financial report post-IPO on the Dubai Financial Market (DFM), Dubai Taxi Company (DTC) declared an 11 percent surge in revenue to AED 1.95B ($530M) for the fiscal year 2023.

Dubai’s largest parking provider, Parkin Company PJSC, has revealed its plan to list on the Dubai Financial Market (DFM), marking a significant move for the company.

IPOs in the Gulf experienced a 55% decline last year, as indicated by data from Kuwait Financial Centre “Markaz.”

Micropolis, a Dubai-based autonomous mobile robot manufacturer, plans to construct a new production plant and triple its workforce through funding from an upcoming New York IPO.

The Dubai Financial Market (DFM) has observed the completion of a substantial direct transaction involving Ekttitab Holding shares, amounting to a total value of AED 3.78M.

Shares in Abu Dhabi’s healthcare platform, PureHealth Holding, surged by up to 69% above their listing price on Wednesday during their market debut. The company had successfully raised nearly $1B in an initial public offering (IPO), representing 10% of its business.

Abu Dhabi-based healthcare platform PureHealth has secured $72B in (AED 265B) in investor orders for its $986M (AED 3.62B) initial public offering (IPO) on the local stock exchange

Saudi broadcaster MBC Group has garnered $14.5B (SAR 54.5B) in investor orders for its initial public offering (IPO) on the Saudi Exchange (Tadawul).