For full coverage of Middle East business, see MEED Dubai Parks & Resorts said today that it has raised AED 1.68bn from a 1.6 times oversubscribed rights issue. The company said total subscriptions were AED 2.67bn. Most of the money is…
Tag: Dubai Parks & Resorts
Dubai Parks rights issue oversubscribed
Dubai Parks & Resorts, which is developing a theme park in Jebel Ali, said today that its AED 1.68bn rights issue was oversubscribed 1.25 times. The offering is due to close in two days. Total subscription on 23 May was AED 2.1bn, the company…