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DIP Holding sets IPO price at Dh1.12, raising Dh1.9 billion

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Gulf News
“DIP Holding sets IPO price at Dh1.12, raising Dh1.9 billion”

Dubai: DIP Holding has priced its initial public offering at Dh1.12 per share, raising about Dh1.9 billion in the UAE’s first IPO of 2026. Shares are expected to start trading on the Dubai Financial Market on November 11. Subscriptions closed on November 3, and the company announced the final price on November 4. Local, regional and international investors covered the offer several times across the price range, a press release by the company confirmed. DIP Holding set the range on October 27 at…

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