• Latest
  • Trending
After increasing the number of individuals, the public offering of the Dubai Electricity and Water Authority could raise $6.08 billion.

After increasing the number of individuals, the public offering of the Dubai Electricity and Water Authority could raise $6.08 billion.

April 2, 2022
Tiger Woods Masters odds: How likely is it that he will win his sixth green jacket in 2022?

Tiger Woods Masters odds: How likely is it that he will win his sixth green jacket in 2022?

May 25, 2022
Celtics

Don’t underestimate the significance of the Celtics’ Game 4 victory in the fight between the big men.

May 24, 2022
amber heard

It’s possible that Amber Heard’s testimony in Johnny Depp’s trial may have leaked Aquaman 2 details.

May 24, 2022
Tiger woods golf course in Payne's Valley

Tiger woods golf course in Payne’s Valley

May 23, 2022
Tiger Woods reversal at the PGA raises the question: what's next for him?

Tiger Woods reversal at the PGA raises the question: what’s next for him?

May 23, 2022
Who Was gama pehalwan diet, the Man Featured in Today's Google Doodle?

Who Was gama pehalwan diet, the Man Featured in Today’s Google Doodle?

May 22, 2022
Tiger Woods PGA Championship group and tee time for Rounds 1 and 2 are shown below.

Tiger Woods PGA Championship group and tee time for Rounds 1 and 2 are shown below.

May 18, 2022
  • My account
  • Contact Us
  • Terms and Conditions
  • Privacy Policy
New 24 Hour
  • news
  • Cinema news
  • cryptocurrency news
  • Biography
  • Dead Actors
  • Entertainment
  • Sport
    • Tiger Woods
    • Detroit tigers
  • more..
    • government
    • Story
    • Gaming
    • Movies reviews
    • New 24 hour
    • Economy
    • Politics
    • education
    • nature
    • Arts
    • fashion
    • education
    • History
    • cooking
    • Health
    • weather
No Result
View All Result
  • news
  • Cinema news
  • cryptocurrency news
  • Biography
  • Dead Actors
  • Entertainment
  • Sport
    • Tiger Woods
    • Detroit tigers
  • more..
    • government
    • Story
    • Gaming
    • Movies reviews
    • New 24 hour
    • Economy
    • Politics
    • education
    • nature
    • Arts
    • fashion
    • education
    • History
    • cooking
    • Health
    • weather
No Result
View All Result
New 24 Hour
No Result
View All Result

After increasing the number of individuals, the public offering of the Dubai Electricity and Water Authority could raise $6.08 billion.

After increasing the number of individuals, the public offering of the Dubai Electricity and Water Authority could raise $6.08 billion.

After increasing the number of individuals, the public offering of the Dubai Electricity and Water Authority could raise $6.08 billion.

After increasing the number of individuals, the public offering of the Dubai Electricity and Water Authority could raise $6.08 billion.

After increasing the number of individuals, the public offering of the Dubai Electricity and Water Authority could raise $6.08 billion.

Dubai, United Arab Emirates (Reuters)-Dubai, the capital of the United Arab Emirates (Reuters)-The Dubai Electricity and Water Authority (DEWA) announced on Saturday that it had nearly tripled the number of individual subscribers in its initial public offering (IPO), bringing the total subscription volume to 22.32 billion dirhams ($6.08 billion).

Due to high demand and exceeding the specified volume of subscriptions from individual investors, the number of individual subscribers increased to 760 million shares from 260 million, according to a statement.

After increasing the number of individuals, the public offering of the Dubai Electricity and Water Authority could raise $6.08 billion.
After increasing the number of individuals, the public offering of the Dubai Electricity and Water Authority could raise $6.08 billion.

Related Dubai Electricity : who is jen psaki bio ?

DEWA’s initial public offering, which will now include nine billion shares, is the emirate’s largest to date and is expected to be the region’s largest since Saudi Aramco’s record $29.4 billion IPO in 2019.

On Friday, informed sources told Reuters that demand is high at the upper end of the price range as the subscription order book is being built.

DEWA had previously increased the institutional segment’s size.

The stock exchange’s decision to list the company’s shares aims to help the Dubai Financial Market (DU:DFM) compete more effectively with larger exchanges in the region, such as those in Saudi Arabia and Abu Dhabi.

The joint global coordinators are Citigroup (NYSE:C), Emirates NBD Capital, and HSBC, while the joint book managers are Credit Suisse, EFG Hermes (CA: HRHO), First Abu Dhabi Bank, and Goldman Sachs (NYSE:GS).

(One dollar equals 3.6726 dirhams in the UAE.)

more articles from new24hour

  • DEROZAN’S 50 POINTS HELP BULLS TAKE DOWN CLIPPERS, HOLD 5TH PLACE IN EAST DeMar DeRozan
  • Philadelphia 76ers has got the best match on 2022 in NBA Ranked
  • What you need to know about Ramadan 2022, the Muslim fasting month practiced throughout the globe.
  • Philadelphia 76ers has got the best match on 2022 in NBA Ranked
  • Kylie Jenner Has Revealed That Her Baby Boy Is No Longer Called Wolf To Our Son.

 

Related

Share186Tweet116SharePin48ShareShare33

Related Posts

Tiger Woods Masters odds: How likely is it that he will win his sixth green jacket in 2022?
Sport

Tiger Woods Masters odds: How likely is it that he will win his sixth green jacket in 2022?

May 25, 2022
Celtics
Sport

Don’t underestimate the significance of the Celtics’ Game 4 victory in the fight between the big men.

May 24, 2022
Tiger Woods reversal at the PGA raises the question: what's next for him?
Sport

Tiger Woods reversal at the PGA raises the question: what’s next for him?

May 23, 2022
Tiger Woods House and backyard practise area
Sport

Tiger Woods House and backyard practise area

May 15, 2022
Load More
New 24 Hour

© 2018 new 24 hour by new24hour.

Navigate Site

  • My account
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

Follow Us

No Result
View All Result
  • news
  • Cinema news
  • Sport
  • cryptocurrency news
  • Entertainment
  • Biography
  • Economy
  • History
  • weather
  • Arts
  • Story
  • fashion
  • education
  • nature
  • weather
  • Arts
  • Gaming
  • government
  • cooking

© 2018 new 24 hour by new24hour.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?