Reported: 4 November 2026
Dubai, 4 November 2026 , DIB Holding has set the final price for its initial public offering (IPO) on the Dubai Financial Market (DFM) at AED 1.12 per share, following the completion of book-building and subscription steps on 3 November.
The company said the offering is valued at about AED 1.9 billion and implies a market valuation of roughly AED 9.7 billion at the time of listing. Dubai Investment Corporation is the selling shareholder and offered 1.735 billion ordinary shares, representing 20% of DIB Holding’s issued share capital, while retaining an 80% stake after the transaction.
DIB Holding expects the offering, listing and start of trading of the ordinary shares on the DFM to occur on 11 November 2026, subject to market conditions and regulatory approvals. The announcement also references a 180-day lock-up for the selling shareholder and DIB Holding, subject to customary exceptions.
The IPO timetable is therefore dependent on approvals, with details of the first post-IPO dividend also outlined in the company’s statement.
Source: Emirates247.