Page 22 - Alpha Dhabi News Today

Bankers confirm that DEWA IPO has generated ‘unprecedented’ interest for loans

RIYADH: Alpha Dhabi Holding will invest $100 million in Dubai Electricity & Water Authority’s initial public offering, Bloomberg reported, citing a person familiar with the matter. This investment by Alpha Dhabi, one of the largest UAE listed firms, represents 4.5 percent of the total DEWA shares on offer. DEWA plans to raise up to $2.2 billion in Dubai’s first-ever IPO of a

Multiply Group, a technology-enabled holding company based in Abu Dhabi, on Friday announced that it will be investing Dhs367 million into the Dubai Electricity and Water Authority’s (DEWA’s) landmark initial public offering as a cornerstone investor.

Other investors include Abu Dhabi's Alpha Dhabi and Emirates Investment Authority

Dubai's biggest IPO opens, DEWA shares to be priced between Dh2.25-Dh2.48

Recent days see back-to-back launches, including the Louvre homes from Aldar

Abu Dhabi investment company is prepping for its next step, into overseas markets

The firm plans more acquisitions and expansion internationally, CEO Hamad Al Ameri told Reuters in an interview. It is actively exploring opportunities, particularly...

DUBAI : United Arab Emirates-based conglomerate Alpha Dhabi, the fourth most valuable listed company in Abu Dhabi, aims to roughly double its profit next year to 10 billion dirhams ($2.72 billion), its chief executive said on Thursday. The firm plans more acquisitions and expansion internationally, CEO Hamad Al Ameri told Reuters in an interview. It is actively exploring

Alpha Dhabi's high-profile deals in '21 deliver revenues of Dh18+