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Dubai wealth fund ICD posts Dhs60.8bn in full-year profit

Dubai fund ICD posted a record-high net profit of Dhs60.8bn, buoyed by an increase of Dhs24.6bn from its transportation and banking businesses.

British expat fury over 'mad' prices at 'luxury' new beach club in Estepona: €200 sunbeds and €10 tomato salad at site of former Laguna Village spark outrage

British expats fume as 'luxury' beach club in Estepona introduces €75 minimum spend: Chiringuito is accused of 'mistaking the area for Marbella' over 'rip-off prices'

Dubai government to list public parking business, plans to sell 25% stake

The subscription period will open on March 5 and is expected to close March 12.

It's official: Parkin will be UAE's first IPO of 2024

Parkin — spun out of the Dubai Roads and Transport Authority (RTA) late last year — is set to float 24.99 per cent of its shares

Dubai's Parkin to sell 24.99% stake in IPO

Dubai's Parkin to float 24.99% in UAE's first 2024 IPO - Business - Corporate - Emirates24

Parkin Company PJSC (“Parkin” or the “Company”), the largest provider of paid parking facilities and services in Dubai, today announces its intention to proceed with an initial public offering (the “IPO” or the “Offering”) and to list its ordinary shares

Dubai Government to Offer 25% Stake in Public Parking IPO

(Bloomberg) -- The Dubai government plans to sell a 25% stake in the city’s public parking business in an initial public offering, pushing ahead with a privatization plan to boost its capital markets.Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsStock Rally Stalls at Start of Data-Packed Week: Markets WrapFreddie Mercury’s London Residence Lists at £30 MillionJacob Rothschild, Financier and Ph

Parkin IPO: Dubai Government to Offer 25% Stake in Public Parking IPO

Dubai to sell 25% stake in public parking business via IPO - Markets

Parkin, which expects to make its bourse debut next month, booked revenue of 779 million dirham ($212.1 million) in 2023