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Watch: After mega-IPO, DEWA's stock breaks 20% within 1 minute on first day of trading - Vimarsana News

Watch: After mega-IPO, DEWA's stock breaks 20% within 1 minute on first day of trading

Dewa IPO opens at Dh3.10, a 25% premium to listing price of Dh2.48

Multiply Group included in new benchmark FTSE ADX 15 Index - Vimarsana News

Multiply Group included in new benchmark FTSE ADX 15 Index

Multiply Group, a technology-focused holding company based in Abu Dhabi, has been included in Abu Dhabi Securities Exchange’s (ADX) new benchmark index, the FTSE ADX 15 Index (FADX 15).

Multiply Group included in new benchmark FTSE ADX 15 Index - Vimarsana News

Multiply Group included in new benchmark FTSE ADX 15 Index

Jointly developed by ADX and FTSE Russell, the FADX 15 went live on March 30, 2020 as a new benchmark blue chip measure that includes the largest and most liquid 15 ...

Abu Dhabi tech group to invest $100m in Dewa's IPO - Vimarsana News

Abu Dhabi tech group to invest $100m in Dewa's IPO

Multiply Group, a technology-enabled holding company based in Abu Dhabi, has announced that it will be investing AED367 million ($100 million) into Dubai Electricity and Water Authority’s (Dewa) landmark initial public offering as a cornerstone investor.

Emirates News Agency - Multiply Group to invest AED367 million in DEWA's initial public offering - Vimarsana News

Emirates News Agency - Multiply Group to invest AED367 million in DEWA's initial public offering

ABU DHABI, 25th March, 2022 (WAM) -- Multiply Group, a technology-enabled holding company based in Abu Dhabi, today announced that it will be investing AED367 million into the Dubai Electricity and Water Authority's (DEWA's) landmark initial public offering as a cornerstone investor. The Group's latest investment follows a series of strategic acquisitions, creating a unique technology-enabled ecosystem to pursue growth across five vertical segments: media and communications, utilities, ventures, wellness and beauty, and digital economy. The past year saw Multiply Group acquire s...

Source: wam.ae