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DIP Holding Seeks to Raise Up to $543 Million in UAE IPO

The owner of Dubai Investments Park is seeking to raise as much as $543 million in an IPO on the local exchange, potentially the UAE’s first listing of the year.

DIC

DIP Holding, the owner of the Dubai Investments Park real estate business, is seeking to raise as much as $543 million from an initial public offering on the local stock exchange, in the first potential listing of the year in the United Arab Emirates.($1 = 3.6728 UAE dirham)