Ajaj forex news

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The sale will close on 13 November for individual investors and on 15 November for institutions. This IPO will be the largest in the field and will be oversubscribed more than once, analysts told Mubasher. The new offering is forecasted to be the same as in the first major listing of Emaar Malls on the DFM in 2014, Emaar said in an official statement. Emaar Malls had raised about AED 5. Mubasher that he sees the IPO’s success as guaranteed. 52 fils, Al Taha highlighted, adding that the return will be above the market’s average cash distributions. The IPO’s proceeds are likely to be distributed in January 2018, the company said in a statement to the DFM.