#Dubai Investment Fund

Dubai ALEC IPO on the cards

Parkin’s $429m IPO oversubscribed 165 times

Dubai Investment Fund sold 749,700,000 shares, equivalent to 24.99 per cent of Parkin’s paid-up capital

Dubai sets up fund to oversee government investments

Dubai sets up fund to oversee government investments

The newly established fund will hold stakes in entities including utility giant Dubai Electricity and Water Authority, toll operator Salik and Dubai Taxi Company