Dubai’s Biggest IPO in 15 Years Seeks to Raise US $ 2.2 B
Dubai’s main power and water company is looking to raise as much as $2.2 billion in its initial public offering, in what would be the emirate’s biggest listing since DP World in 2007. The Dubai government plans to sell a 6.5% stake in Dubai Electricity & Water Authority, or 3.25 billion sha