Parkin delivers maiden Q1 2024 results: Profits rise by 5%

Parkin reported that total revenue grew by 8 per cent, with public parking revenues up 11 per cent

Parkin IPO pops 35% on debut Dubai listing

By the end of Thursday, Parkin’s share price soared to Dhs2.84, putting the company’s market capitalisation at Dhs8.5bn

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’s IPO haul hits Dhs34.5bn in three years

Dubai’s IPO haul hits Dhs34.5bn in three years

The emirate’s continued listing activity is being driven by the implementation of various initiatives such as the IPO accelerator programme

Dubai’s Parkin seeks to raise up to $429m from IPO

Dubai’s Parkin sets IPO price range of up to Dhs2.1 per share

The company will offer around 25 per cent stake, in the emirate’s first privatisation deal this year, giving it an overall valuation of up to Dhs6.3bn


It’s official: Parkin will be UAE’s first IPO of 2024

Parkin — spun out of the Dubai Roads and Transport Authority (RTA) late last year — is set to float 24.99 per cent of its shares