Dubai government to list public parking business, plans to sell 25% stake
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The subscription period will open on March 5 and is expected to close March 12.
(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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As per sources in PIA, at least five flights had to be cancelled due to lack of available aircraft. Among these flights were domestic flights flying to and from major cities of the country.
Carlyle Group, Fairfax Financial Holdings, and DBS Bank are considering to bid for at least 10% each in IDBI Bank as part of the government’s ongoing share sale process, two people, including a government official, said