Dubai plans to sell 25% stake in public parking business via IPO
The Dubai government intends to divest a 24.99% ownership interest in Parkin, the entity responsible for managing public parking operations within the emirate, via an initial public offering, marking the emirate’s inaugural privatization endeavor for the year, as per Parkin’s statement on Tuesday. According to the statement, Parkin currently oversees approximately 179,000 paid public parking … Read more