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Dubai s RTA weighs possible IPO of taxi business: Sources

The authority last year raised $1 billion and drew orders of $50 billion from selling a 24.9 per cent stake in the public-share sale of its toll-road business Salik

United arab emiratesAbu dhabi adnocAbraj energyDubai taxi corporationDubai taxi corpTransport authorityTaxi corpMiddle eastAbu dhabiDubai taxiInitial public offeringDubai taxi corporationAlik ipo

Dubai: Salik IPO oversubscribed 49 times, rakes in over Dh184 billion

Numbers imply an oversubscription level of 49 times for all tranches combined as tollgate operator's sees overwhelming demand

United arab emiratesAbu dhabiAbuz abyUnited arab emirates generalIbrahim sultan al haddadDubai holdingAbu dhabi pension fundStrategic investment fundSalik companyShamal holdingMattar al tayerSultan al haddadChief executive officerInvestment fundCornerstone investorAlik ipo

Dubai Salik IPO: When can investors expect first dividend?

The company aims to pay 100 per cent of its net profit

United arab emiratesWater authority dewaDubai salikDubai financial marketDubai governmentDubai electricityWater authorityToll gatesAlik ipo

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