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Dubai Electricity and Water Authority (DEWA) has set the price range for its Initial Public Offering at between AED2.25 and AED2.48 per share. The total offering size will be between AED7.31 billion ($1.99 billion) and AED8.06 billion ($2.19 billion).
Dubai's biggest IPO opens, DEWA shares to be priced between Dh2.25-Dh2.48
The utility service provider intends to pay dividends twice each year
Over the past year, Multiply Group has expanded its portfolio through a range of acquisitions, and strategic investments
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