Supermarket retailer BinDawood Holding on Wednesday said it had priced its initial public offering at 96 riyals ($25.59) a share.
At 96 riyals per share, BinDawood's market capitalisation at listing is seen at 10.97 billion riyals, the statement said.
Dubai's main share index edged up 0.1%, supported by a 4.7% jump in Air Arabia after four straight sessions of losses.
On Tuesday, the budget airliner announced free global COVID-19 cover for all passengers travelling on its flights which includes medical and quarantine costs.
The Abu Dhabi index slipped 0.1%, with top lender First Abu Dhabi Bank losing 0.2%.
In Qatar, the index added 0.2%, led by a 2% gain in petrochemical maker Industries Qatar and a 0.3% rise in lender Masraf Al Rayan.
($1 = 3.7510 riyals)
(Reporting by Ateeq Shariff in Bengaluru; Editing by Subhranshu Sahu) ((AteeqUr.Shariff@thomsonreuters.com; +918061822788;))