Al Ansari Financial Services will be the first Dubai IPO of 2023, offering 750 million shares for 10 per cent of the company's existing share capital. For retail investors, the subscriptions will run from March 16 to 23, while that for qualified investors, it would end on March 24.

The price band for IPO has not been revealed. The listing on DFM will happen 'on or around April 6'.

Read the full story here: https://gulfnews.com/business/markets/watch-al-ansari-financial-services-is-dubais-first-ipo-for-2023-floating-10-and-promises-dh600m-dividend-1.1678331505456

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