1st October, 2025
DP World was born in 2005 after the merger between Dubai Ports Authority and Dubai Ports International. A year later, its bid for some ports on the East Coast of the USA indirectly changed the SWF industry forever. In 2007, the company was listed in Nasdaq Dubai and raised US$ 5 billion, MENA’s largest ever IPO then. And in 2020, the company was delisted and went back to the full ownership of sovereign fund Dubai World. Today, DP World is the world’s fourth largest port operator and a highly active and acquisitive state investor.
23rd September, 2025
Emirates Global Aluminium (EGA) is moving forward to an IPO, lining up Citi, Goldman Sachs, Emirates NBD Capital and First Abu Dhabi Bank. A valuation of US$10-15 billion has been estimated, but the listing venue - Abu Dhabi (ADX) or Dubai (DFM) - still in play.
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2nd June, 2025
Dubai’s first IPO of 2025 – a Real Estate Investment Trust launched by state-owned investor Dubai Holding – has been a resounding success.
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21st March, 2025
On Thursday, Dubai Holding confirmed it is part of a consortium that is taking over Nord Anglia, an UK private school chain that operates 80+ day and boarding schools in 33 countries, teaching over 90,000 students from ages 3 to 18.
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25th March, 2024
Dubai Holding (DH) has absorbed two of the Emirate’s real estate giants, Nakheel and Meydan, as the sovereign investor seeks to advance the Emirate’s goal in becoming a global investor.
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12th December, 2023
Dubai is creating a new sovereign wealth fund, bringing together chunky assets in part-privatized companies similar to Abu Dhabi’s ADQ, which has used its infrastructure-based capital to diversify globally, including into private equity.
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19th August, 2022
DP World’s 60.4% surge in revenue to US$7.93 billion in H1 2022, providing US$721 million (up 51.8% y-o-y) of profit to owner Dubai World, the Dubai government’s global investment vehicle.
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7th June, 2022
Canada’s CDPQ pension fund has deepened its relationship with Dubai World – a state holding company – by buying up a 22% stake in a range of infrastructure assets in the Emirate.
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6th April, 2022
The UAE’s sovereign wealth funds are playing a key role in the privatization of the federation’s infrastructure, with this week’s IPO of the Dubai Electricity and Water Authority (DEWA) raising AED22.41 billion (US$6.1 billion) on the Dubai Financial Market.
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