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DIP Holding targets $500m in Dubai’s first IPO of the year

DIP Holding targets $500m in Dubai’s first IPO of the year

A subsidiary of Dubai Investments is preparing to list shares of its industrial and property unit on the Dubai stock exchange. DIP Holding is set to become the emirate’s first company to go public this year. The move may boost activity in local capital markets and highlight opportunities in key sectors for regional investors.

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