IPO hits over-subscription mark in 60 minutes, bankers say Dubai: With sizeable investor interest having already built up for the IPO, Dubai Taxi Company has set a price range of Dh1.8 to Dh1.85 a share, with subscription opening today (November 21). Dubai Taxi
New listings also standout because they make compelling – and simple – investment cases From the mid-1990s and right through the era of 0 per cent interest rates, the financial industry in the US – and the West – was producing IPOs nearly every
Dubai: Dubai Taxi Company will be offering 624.75 million shares – making up 24.9 per cent of its capital – in what is likely to be a bumper IPO, with the share price range to be announced November 21. Subscription will also be opening
Phoenix’s is the first stock market float by a crypto business in the Middle East Dubai: Abu Dhabi’s ADX will be getting back-to-back IPO listings, with the data center and crypto mining company Phoenix Group offering 17.64 per cent in the Dh1.36 billion stock
Dubai property investors can do better by giving these costs a onceover In Dubai, home owners associations (HOAs) have both been increasing the power they exert on the value of ready properties (by virtue of the upkeep that they provide to the community) as
Recent rounds of stock listings bring with them a growing base of smaller investors For a variety of all their methods, private investors have many common guidelines. Many small investors tend to have a home country bias; they generally shun activist fund managers, instead
A mix of ‘defensive’ stocks and those with upside potential will be key It is mostly a fool’s errand to try and derive the meaning of why the market did and what it did on any given day and why. Unfortunately, history is
IPO generated upturn still has ways to go, while property keeps giving There are those who say the markets are able to anticipate the impact of war better than individuals, given the ‘wisdom of crowds’. And the fact that markets are complex, adaptive second
Pension funds can also help with retaining resident investments in-country Pension funds, public and private, are the lifeblood of capital markets. Their development goes hand in hand with the growth of the domestic economy, channeling the savings of individuals towards debt and equity instruments
Luxury home prices see some cooling off, but offices and mid-market properties push higher According to latest data from Refinitiv, office prices in the US have fallen 16 per cent since their peak in March 2022. Whilst the stress in the office space
