EFG Hermes concludes role on DIP Holding’s AED1.94bn IPO, UAE’s first Of 2026

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EFG Hermes completed its work as joint bookrunner on DIP Holding’s AED1.94 billion IPO on the Dubai Financial Market. The offer was priced at AED1.12 per share, making it the UAE’s first IPO of 2026.

EFG Hermes, the investment banking arm of Egypt’s EFG Holding, said it had completed its role as joint bookrunner on the AED1.94bn (about $529mn) initial public offering of DIP Holding on the Dubai Financial Market, the first IPO in the UAE this year. The final offer price was set at AED1.12 a share after the […]