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Dubai’s First IPO Since November May Come From Daman Investments
Daman Investments PJSC plans to raise about 700 million dirhams ($191 million) in an initial public offering in June, according to Emirates Investment Bank PJSC, which will manage the sale. The Dubai-based asset manager will sell 55 percent of its equity capital, said Husam Kutaifan, managing director for investment banking…
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Click here to read the full story: Bloomberg