Dubai Taxi Company sets offer price at $0.49-0.50/share

Dubai Taxi Company (DTC) has set a price range of AED1.8 ($0.49) to AED1.85 ($0.50) a share, with its IPO subscription opening on Tuesday. A total of 624,750,000 shares, equivalent to 24.99% of DTC’s total issued share capital, will be offered.