Dubai firm offers ₹5,615 cr dividend in UAE's 1st IPO since war began

Dubai Investments subsidiary DIP Holding PLC is offering investors $592 million (nearly ₹5,615.71 crore) in dividends over three years to attract interest in the UAE's first initial public offering (IPO) since the Iran war began. The subscription period runs from October 27 to November 3. The trading is expected to begin on Dubai’s bourse on November 11.