| Sovereign wealth funds from Qatar and Kuwait are among institutional investors that bought shares in the initial public offering of Dubai’s new theme park developer and operator.
Kuwait Investment Authority, Qatar Investment Authority, Gulf family offices and global institutional investors helped Dubai Parks & Resorts raise 2.53 billion dirhams ($690 million), the company said in a statement today. The institutional tranche was oversubscribed 65 times, attracting about 100 billion dirhams, while local investors made 10.9 billion dirhams of offers, according to the statement...............................................Full Article: Source
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