Page 33 - UNION PROPERTIES PR REPORT - March 2024

3/18/24, 9:06 AM UAE bourses track global equities lower - Markets - Business Recorder
However, Union Properties surged 10.3%, hitting over 5-months high after

Dubai Financial Market transferred company’s listing to first category from

second category.

Separately, Dubai’s Parkin, which oversees public parking operations in the

Emirates, has raised 1.57 billion dirhams ($427.5 million) after pricing its IPO

at the top of its range at 2.1 dirhams per share on Thursday. Parkin is expected

to start trading on March 21.

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ABU DHABI down 0.4% to 9,221
DUBAI lost 0.7% to 4,262
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