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Macro Finance

DIP Holding: IPO More or Less 4 Times Oversubscribed

Bloomberg Markets·November 5, 2026·1 min read

DIP Holding raised $529 million in its initial public offering, pricing at 1.12 dirhams a share, with the listing more or less four times oversubscribed. It is the first UAE listing since the start of the Iran war. Chairman Khalid bin Kalban spoke to Bloomberg ahead of the company's debut on November 11.

Read at Bloomberg Markets
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