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Despite ongoing fighting in the Middle East, the developer of Dubai Investment Park, held by Dubai Investment Company, plans investor meetings Oct. 19-26 to gauge demand for an IPO that could be the UAE's first this year, people familiar with the mat

2026-10-16

Despite ongoing fighting in the Middle East, the developer of Dubai Investment Park, held by Dubai Investment Company, plans investor meetings Oct. 19-26 to gauge demand for an IPO that could be the UAE's first this year, people familiar with the matter said. The developer, founded in 1997 and covering about 2,300 hectares, is one of Dubai's largest mixed-use projects. Dubai Investment Company has previously said it may sell a 24% stake via the IPO. Gulf IPO issuance has collapsed this year amid the conflict and weaker markets; Gulf equities have mostly fallen since the outbreak, with Dubai's benchmark down roughly 3%.

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