2 months ago

Al Ansari Financial Services becomes Dubai's first IPO of 2023, offers 10% and Dh600m dividend

Al Ansari Financial Services will be the first Dubai IPO of 2023, offering 750 million shares for 10 per cent of the company's existing share capital. For retail investors, the subscriptions will run from March 16 to 23, while that for qualified investors, it would end on March 24.

The price band for IPO has not been revealed. The listing on DFM will happen 'on or around April 6'.

Read the full story here: https://gulfnews.com/business/markets/watch-al-ansari-financial-services-is-dubais-first-ipo-for-2023-floating-10-and-promises-dh600m-dividend-1.1678331505456

See more videos at https://gulfnews.com/videos
Read more Gulf News stories here: https://bit.ly/2HLJ2km

#UAEnews #Dubai #finance
See more about