Saturday 29 November 2014
 
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IPO

Dubai Parks and Resorts IPO oversubscribed

Dubai Parks and Resorts, a unit of Meraas Holding, said that the portion of its Dh2.53 billion ($689 million) initial share sale on offer to institutional investors had been many times oversubscribed. The entity, which is developi

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Dubai Parks and Resorts IPO oversubscribed

Dubai Parks and Resorts, a unit of Meraas Holding, said that the portion of its Dh2.53 billion ($689 million) initial share sale on offer to institutional investors had been many times oversubscribed. The entity, which is developi

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Omani developer to launch IPO next year

Aqar Property Developers, a subsidiary of leading Omani firm Al Khonji Holding, is planning to go public with an initial public offering (IPO) next year, said a report, citing a senior official. Aqar (meaning real estate in Arabic

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Dubai Parks and Resorts institutional tranche of IPO covered

The institutional tranche of Dubai Parks and Resorts' $689 million public share sale is fully subscribed, the company said on Thursday, a week before the offer closes. Dubai Parks and Resorts is part of the government-owned Me

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Dubai Parks and Resorts launches $680 million IPO

Dubai Parks and Resorts, a subsidiary of top real estate investment company Meraas Holding, has launched its initial public offering (IPO) on the Dubai Financial Market with a total offer size of approximately Dh2.5 billion ($684 million).

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Goldman leads $1.15bn loan for Dubai theme parks

Goldman Sachs is expected to sign a $1.15-billion project financing loan for Dubai Park and Resorts this week, which will finance the construction of a $2.9 billion amusement park complex in Dubai, UAE, banking sources said. The loan ha

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Dubai Parks and Resorts plans $689m IPO

Dubai Parks and Resorts, part of the UAE emirate's Meraas investment group, will offer 40 per cent of its shares to the public in a Dh2.53 billion ($689 million) initial public offer (IPO), the company said on Tuesday. The com

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Dubai Parks and Resorts plans $689m IPO

Dubai Parks and Resorts, part of the UAE emirate's Meraas investment group, will offer 40 per cent of its shares to the public in a Dh2.53 billion ($689 million) initial public offer (IPO), the company said on Tuesday. The com

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UAE's Amanat Holdings IPO oversubscribed

Amanat Holdings, a new UAE company formed to invest in education and healthcare businesses, said on Saturday its Dh1.375 billion ($270 million) initial public offering was oversubscribed. The company said in an emailed statement t

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Mena IPO value increase 10-fold to $1.7bn in Q3

The Middle East and North Africa (Mena) region’s initial public offering (IPO) value hit $1.7 billion in the third quarter of the year, a ten-fold increase from $150.7 million raised in the same period last year, according to a recent EY u

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