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

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

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