Dubai Parks and Resorts say IPO’s institutional tranche oversubscribed
Dubai Parks and Resorts said its qualified institutional tranche of the AED 2.5 billion Initial Public Offering has been oversubscribed, within four days from the start of the IPO, pointing to robust investor appetite.
UAE bourses trade in green as investors await for leads
The Dubai index ended a lacklustre trade in the positive territory amid falling crude oil and equities in the world market.
Air Arabia signs USD230m aircraft financing deal with DIB
Dubai Islamic Bank (DIB) and Air Arabia announced today the signing of an aircraft financing deal to facilitate the delivery of six new Airbus A320 aircrafts in 2015.