Dubai’s DEWA part climbs in Gulf’s biggest IPO since 2019
Shares of the Dubai Electricity and Water Authority increase around 16 percent on Tuesday in the Gulf region’s largest first public offering since Saudi oil giant Aramco in 2019. DEWA shares rise 19 percent in the first minutes of trading before closing up 15.72 percent at 2.87 dirhams ($0.78), as the Dubai stock exchange has fallen 0.5 … Read more