Dubai’s Daman Investments aims to launch IPO within weeks | The National:
"Daman Investments, a UAE asset management firm, is in the final stages of obtaining regulatory approval for an initial public offer of shares and hopes to launch it in the next few weeks, a senior executive said on Tuesday.
The company had announced last November that it planned to list on the Dubai Financial Market during the first quarter of 2015 to expand its business and fund new opportunities at home and in the wider region.
Since then weak equity markets in the Gulf, partly due to the plunge of oil prices, have caused at least several UAE companies to suspend IPO plans."
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