Dubai Investments Offers 1.74 Billion Shares Priced Between AED 1.10 and AED 1.15
Dubai Investments aims to raise AED 2 billion ($543 million) by selling 20% of DIP Holding through an offering of 1.74 billion shares priced at AED 1.10 to AED 1.15.
On Tuesday, October 27, 2026, Dubai Investments began the subscription period for the UAE's first initial public offering (IPO) of 2026, aiming to raise AED 2 billion, or approximately $543 million.
The company is selling 20% of DIP Holding's shares through an offering of 1.74 billion shares, with a minimum price of AED 1.10 and a maximum price of AED 1.15 per share, according to offering details.
At this price range, DIP Holding's market capitalization upon listing will range between AED 9.5 billion and AED 10 billion, defining the total valuation of the company post-offering.
The subscription period will run until November 3, 2026, with the final offering price set to be announced on November 4, and trading expected to commence on the Dubai Financial Market on November 11.
What do these terms mean?
Initial Public Offering (IPO): A process in which a company sells its shares to the public for the first time and lists them on a stock exchange to raise capital or enable its shareholders to sell.
Price Range: The minimum and maximum price at which a share is offered before fixing the final price after collecting investor orders.
Market Capitalization at Listing: The total value of the company calculated by multiplying the offering price by its total number of shares.
Subscription Period: The timeframe during which investors can submit requests to purchase offering shares.
Weekly Newsletter
Read between the lines before everyone else. Decode the most important economic, tech, and decision-maker movements in the region.. in 5 minutes every Saturday.
