United Arab Emirates
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The Dubai car parks operator's flotation was more than 165 times covered -
The Dubai government is seeking a valuation of up to $1.72bn for its parking business
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The Emirate did not have to pay a new issue premium
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Other similarly rated sovereigns have issued with no new issue premium this year
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Listing of Dubai’s car park business to be the Emirate’s latest privatisation
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The emirate may have to offer a bigger concession than some recent sovereign issuers
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Saudi Arabia's Alinma Bank plans a debut issuance in the subordinated format
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Saudi Aramco follow-on could hit $20bn
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Real estate company raises $300m with first sukuk
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The latest privatisation in the Emirate is expected to launch as soon as next week
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The UAE bank was the second top-rated Gulf lender to issue this week
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Real estate company is different from others in the UAE that have sold sukuk
