ALBAWABA – The Dubai Taxi IPO, worth $315 million, sold out within one hour of opening, with the road authority selling 624.75 million shares, comprising a 25 percent stake in the company, Bloomberg reported Tuesday. The initial public offering (IPO) lists all of 624.75 million shares at AED1.8-1.85 per share, the company said Tuesday, noting that Dubai Taxi is valued at around $1.6 billion (AED4.62 billion). Investors will be able ...