GOLD/FOREX
DUBAI 26°C
PRAYER TIMES
BUSINESS
BUSINESS
Business /
Markets

Amanat starts subscriptions for Dh1.325b

The subscription period will end on November 4

Last updated:
Staff Report
1 MIN READ
Add as a preferred source on Google

Dubai: Health care and education start-up Amanat started subscriptions to its Dh1.325 billion Initial Public Offering (IPO) yesterday.

The subscription period will end on November 4, and the company will list on the Dubai Financial Market (DFM) on November 29.

The company plans to sell 55 per cent of shares in two tranches, out of which 95 per cent is on offer for public, and the remaining 5 per cent will be allocated to Emirates Investment Authority.

Get Updates on Topics You Choose

By signing up, you agree to our Privacy Policy and Terms of Use.
Up Next

Related Stories

New research suggests the generation that built businesses on Zoom calls is now reshaping how and where we all work (Picture used for illustrative purposes)

Does your CEO's age decide your WFH days?

50m ago2m read
Heavy vehicle drivers train on a state-of-the-art simulator at Emirates Driving Company, Abu Dhabi. Picture used for illustrative purposes.

Soon, AI virtual examiner could judge UAE driving tests

3m read
Planning on remitting Indian rupee, Pakistan rupee or Philippine peso? Here’s how you can take advantage of remittance-beneficial rates and when.

Dirham gains vs INR, PKR, PHP. Should expats remit now?

1m read
New figures released on Thursday show that overall US steel imports fell 12.6% last year, even as shipments from India surged by more than 118% reflecting a notable shift in sourcing patterns.

US steel imports fall, India shipments jump 118%

2m read