UAE retail major Lulu Group is aiming to raise up to Dh5.27 billion ($1.43 billion) from its initial public offering in Abu Dhabi, which would make it the largest listing in the UAE so far this year, …
UAE investment firm Seventy Ninth Group doubles funding to $648k for UK metals explorer amid soaring gold prices
The increase from £230,000 to £500,000 reinforces The Seventy Ninth Group’s strong commitment to supporting First Class Metals PLC’s exploration initiatives …
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 …
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 …
UAE: How expats can take out mortgage loans; minimum salary, age limit, documents
With a booming real estate market, the UAE’s land hosts a variation of houses across all its emirates, spanning from different types of apartments to villa..
Dubai traffic to ease: RTA announces major $189mn Trade Centre roundabout transformation
The Roads & Transport Authority (RTA) in Dubai has awarded a contract for the Trade Centre Roundabout Development Project, following directives from Sheikh Mohammed bin Rashid Al Maktoum, Vice …
The UAE participates in the fourth G20 Finance Ministers and Central Bank Governors Meeting in Washington
The UAE, represented by the Ministry of Finance (MoF) and the Central Bank of the UAE, participated in the fourth G20 Finance Ministers and Central Bank Governors Meeting, on the sidelines of the …
Dubizzle updates syndicate for 2025 IPO: IFR
Citigroup had been linked to the deal but has been replaced by Morgan Stanley and Goldman Sachs, according to a source close to the deal …
UAE Goes Shopping For Chemicals
The Abu Dhabi National Oil Company (ADNOC) has reached an agreement to buy German chemicals maker Covestro in what is set to be the biggest acquisition in the history of the United Arab Emirates and …
How to Choose the Perfect Apartment for Sale in Dubai: A Buyer’s Guide
Dubai is renowned for its luxury lifestyle, world-class architecture, and rapidly growing real estate market. As a city that attracts expatriates, investors, and high-net-worth individuals from around …
Exclusive Markets’ Mr. Lambros Lambrou Honoured with ‘Top 50 Financial Markets CEO Awards 2024’ in Dubai
Dubai, UAE, 25th024, ZEX PR WIRE, Exclusive Markets proudly announces that Mr. Lambros Lambrou, CEO of the esteemed organization, has been awarded the prestigious ‘Top 50 Financial Markets CEO Awards’ …
Daman Markets partners with Dubai Racing Club for 2024-25 season
Daman Markets has signed on as an Official Event Partner with Dubai Racing Club (DRC) for the 2024-25 racing season …
UAE-based digital investment platform Eureeca launches global IPO access product; to debut with LuLu issue
The initiative is part of the company’s ambitious plans to build a digital investment bank to enable accessibility directly from users’ mobile phones …
LuLu Chairman Yusuff Ali signals potential Saudi listing; Abu Dhabi IPO to drive growth
Proceeds raised from the IPO will allow Lulu International Holdings, the sole shareholder in Lulu Retail, to map out a growth strategy, which includes increasing the number of stores in the GCC from …
HSBC launches sustainability improvement loan for mid-sized corporates in the UAE, Egypt, Qatar and Bahrain
Banking giant HSBC has launched a new sustainable finance product designed to drive sustainability improvements for mid-sized corporates in the UAE, Egypt, Qatar and Bahrain.
Finance Minister Pitches Pakistan’s Agriculture, IT, Energy Sectors to US, UAE Investors
Federal Minister for Finance and Revenue Muhammad Aurangzeb attended the Roundtable with Institutional Investors organized by Jefferies International. He …