UAE News Today : Politics
Dubai Taxi Company to Offer 24.9% in Dubai’s Next Big IPO; dividend details revealed
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The DFM has been the best performing stock market in the Gulf so far this year, gaining almost 20%. Even with the volatility induced after the Israel-Gaza crisis on October 7, the market – like those in the Gulf – has been quite resilient.
It is proving to be a busy fourth quarter for the UAE stock markets and their investors, as Investcorp Capital has just completed its subscription, while crypto mining company Phoenix will open its IPO on November 16 (both will be listed on ADX) .
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