Lulu Retail’s indicative share price of Dhs1.94 and Dhs2.04 per share implies a market valuation of around $5.74bn (Dhs21.07bn).
Top Gulf Grocer Lulu Seeks Up to $1.43 Billion in Abu Dhabi IPO
Lulu Retail Holdings Plc is looking to raise as much as 5.27 billion dirhams ($1.43 billion) from its initial public offering, in what’s set to be the United Arab Emirates’ biggest listing of the year …
UAE retail giant Lulu sets IPO price range
UAE retail giant Lulu has will raise between 5.01 billion and 5.27 billion UAE dirhams ($1.36 billion-$1.43 billion) from its IPO on the Abu Dhabi Securities Exchange (ADX). The company has set the …
Shah Rukh Khan Dances With Mother-In-Law Savita Chibber At Dubai Event, Adorable Video Goes Viral
Bollywood superstar Shah Rukh Khan was caught in an adorable moment as he danced with his mother-in-law Sunita Chibber at an event in Dubai on Sunday. Video of the two sharing a moment has now gone …
Watch: SRK blows kisses, strikes iconic pose for fans at event in Dubai
Shah Rukh Khan attended the Dubai launch event of D’yavol, the luxury brand co-founded with his son Aryan. Held at Sky 2.0 and titled AfterDark+, the event promised an unforgettable, glamorous …
Black & Veatch Introduces Hydrogen, Advisory and Broad Portfolio of Sustainable Energy Solutions at ADIPEC 2024
Black & Veatch’s market leadership across hydrogen, renewable energy, vehicle electrification, floating liquefied natural gas (FLNG) and other sustainable infrastructure are being used to accelerate …
The path to sustainable business through ESG compliance
Businesses in the UAE face rising pressures — and costs — to comply with ESG standards, leveraging lessons from global markets to drive both growth and environmental stewardship …
UAE-Brazil Business Council launches in Sao Paulo to boost trade, investment ties
Non-oil bilateral trade reached $2.64bln in the first half of 2024, marking an 18.2% increase over the same period in 2023 and 53.9% growth compared to 2019 …
UAE-Brazil Business Council launches in Sao Paulo to boost trade, investment ties
Non-oil bilateral trade reached $2.64bln in the first half of 2024, marking an 18.2% increase over the same period in 2023 and 53.9% growth compared to 2019 …
UAE building productive relations with G20 member nations
The forum included discussions on potential areas of collaboration to expand trade and investment opportunities, including renewable energy, technology, and food security …
Dubai’s General Directorate of Residency Issues Key Update on Exit Permits for Residency Violators
The General Directorate of Residency and Foreigners Affairs in Dubai has confirmed that the exit permit for residency law violators remains valid for 14 days from the date of issuance, even if it …
Shah Rukh Khan dances to Jhoome Jo Pathaan, strikes signature pose at son Aryan Khan’s D’YAVOL event in Dubai. Watch
On Sunday, the actor attended an event in Dubai, called D’YAVOL After Dark, to launch the brand there. (Also Read – Shah Rukh didn’t like his iconic Kabhi Khushi Kabhie Gham helicopter entry as focus …
JioHotstar.com drama explained: From a Delhi developer to Dubai siblings, the story of a highly contested domain
The saga surrounding the JioHotstar.com domain had taken an unexpected turn over the weekend. After a Delhi-based app developer secured the domain in 2023, hoping to sell it to Reliance Industries for …
UAE: Lulu Retail IPO opens today, allowing residents to diversify investments
The minimum application size for first tranche subscribers is Dh5,000 with any additional application to be made in increments of Dh1,000 …
Koichi Takada Reveals Abu Dhabi Debut
The Sydney-based architect’s designs for a residential block in the Gulf have been revealed as a super-skinny supertower comes to …
Rivers, waterfalls, wildlife: UAE residents invited to Wadi Wurayah for rare field trips
Stunningly green reserve remains closed to general public, but exclusive guided events are hosted under ‘Leaders of Change’ programme …
Satellite images show damage from Israeli attack at secretive Iranian military bases
An Israeli attack on Iran damaged facilities at a secretive military base southeast of the Iranian capital that experts in the past have linked to Tehran’s one-time nuclear weapons program and at …