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UAE’s Burjeel plans to raise $750m from Abu Dhabi listing

UAE healthcare provider Burjeel Holdings is aiming to raise at least $750 million (AED2.76 billion) from an initial public offering (IPO) in Abu Dhabi this year, Bloomberg reported, citing people familiar with the matter. The firm is considering a dividend payout ratio of 40 percent to 70 percent of net income from 2023 on listing, […]