11:49 PM EST, 11/03/2026 (MT Newswires) -- Dubai Investments (DFM:DIC) unit DIP Holding set the final price for its initial public offering at 1.12 Emirati dirhams per share, valuing the offering at 1.9 billion dirhams. The Dubai Investments Park owner said Wednesday that the IPO, comprising 1,735,243,300 ordinary shares, was "significantly" oversubscribed following strong investor demand. The pricing implies a market capitalization of 9.7 billion dirhams upon listing. Dubai Investments will retain an 80% stake in DIP Holding following the offering, with the shares expected to begin trading on the Dubai Financial Market on Nov. 11 under the ticker DIP.

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