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Top related persons:
Rothschild - 2 Hadeel Al Sayegh - 2 Jan Harvey - 1 John Stonestreet - 1 Emma Rumney - 1 Emirates NBD - 1 Nol - 1 Yousef Saba - 1
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DUBAI Dubai's Dubai Europe Middle East Africa
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Transport Authority - 2 RTA - 2 Co - 2 Emirates - 2 Companies - 2 Thomson - 2 Dubai Taxi Corporation - 1 Nol - 1

Search resuls for: "Dubai Taxi Corp"


2 mentions found


☆ Dubai invites pitches for IPOs of taxi, parking assets
  + stars: | 2023-07-20 | by ( Hadeel Al Sayegh | ) www.reuters.com   time to read: +2 min
The RTA is targeting the first of the two potential public share sales, in the Dubai Taxi Corporation, to take place around December or January, said the sources, declining to be named as the matter is not public. It has appointed Rothschild & Co to advise on a strategic review of its assets, which include its taxi and public parking businesses, Reuters reported on July 7, citing sources familiar with the matter. Dubai raised nearly $8.5 billion from five IPOs last year, fuelled by a government privatisation plan to list 10 state-linked companies to boost stock market activity. Companies in the region raised $21.9 billion through IPOs last year, more than half the total for the wider Europe, Middle East and Africa region, Dealogic data shows. Reporting by Hadeel Al Sayegh; Editing by Jan Harvey, John Stonestreet and Emma RumneyOur Standards: The Thomson Reuters Trust Principles.
Persons: Rothschild, Hadeel Al Sayegh, Jan Harvey, John Stonestreet, Emma Rumney Organizations: Transport Authority, Reuters, RTA, Dubai Taxi Corporation, Co, Nol, Dubai, Emirates, Companies, Thomson Locations: DUBAI, Dubai's, Dubai, Europe, Middle East, Africa
☆ Dubai transport authority picks Rothschild & Co for asset review
  + stars: | 2023-07-07 | by ( Hadeel Al Sayegh Yousef Saba | Hadeel Al Sayegh | Yousef Saba | ) www.reuters.com   time to read: +1 min
DUBAI, July 7 (Reuters) - Dubai's Roads and Transport Authority (RTA) has selected Rothschild & Co (ROTH.PA) to advise on the strategic review of its assets, two sources close to the matter said on Thursday. The transport regulator is considering an initial public offering of Dubai Taxi Corp and its public parking business, said the sources, who declined to be named as the matter is not public. The authority is expected to appoint Emirates NBD for the potential IPOs, two sources with knowledge of the matter said. Dubai raised nearly $8.5 billion from five IPOs last year, fuelled by a government privatisation plan to list 10 state-linked companies to boost stock market activity. The authority was also looking at potential options for its public parking assets and the Nol card, which passengers use to pay for public transport across the emirate.
Persons: Rothschild, Emirates NBD, Nol, Hadeel Al Sayegh, Yousef Saba, Jonathan Oatis, Josie Kao, Louise Heavens Organizations: Transport Authority, Co, Dubai Taxi Corp, RTA, Rothschild, Emirates, dnata, Reuters, Companies, Thomson Locations: DUBAI, Dubai's, Dubai, Europe, Middle East, Africa
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