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Asharq Al-Awsat

Business

Asharq Al-Awsat

TECOM Offers 625 Million Shares on Dubai Financial Market

Tecom Dubai Economy Stock Market

TECOM said it planned to offer investors dividends of $218 million a year for the next three years. WAM

A major free zone operator in Dubai said Thursday it would make an initial public offering on the local stock market.

The TECOM Group plans to offer 625 million shares on the Dubai Financial Market. TECOM said it planned to offer investors dividends of $218 million a year for the next three years.

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