Delivery Hero SE is seeking to raise as much as $1.5 billion from the initial public offering of its Middle Eastern unit in a deal that will rank as one of the region’s biggest of the year. Most Read …
Delivery Hero Aims to Raise Around $1.5 Billion in Talabat IPO
The online delivery company set the share price at about $0.41 to $0.44, for the IPO of 15% of Talabat’s issued share capital.
SAVE THE DATE – FinTech LIVE Dubai 2025
FinTech LIVE Dubai will return in May 2025 for its annual virtual conference, connecting the world’s fintech leaders in the Middle East and Africa …
UAE stock markets hit $1 trillion for the first time boosted by IPOs
UAE stock markets have hit $1 trillion in market capitalisation, primarily driven by initial public offerings as well as strong earnings, as the Arab world’s second-largest economy continues to grow …
Delivery Hero Eyes About $1.5 Billion From Talabat IPO
Delivery Hero SE is considering seeking about $1.5 billion from the initial public offering of its Middle Eastern unit in Dubai, according to people familiar with the matter.The German food delivery …
UAE announces changes to tax compliance requirements for unincorporated partnerships
The UAE’s Ministry of Finance announced Monday that it there would be amendments to Ministerial Decision Nos. (261) of 2024 on Unincorporated Partnerships, Foreign Partnerships and Family Foundations …
UAE-listed stocks surpass $1trn milestone for the first time: Report
The increase in stock values listed on UAE bourses is driven by a surge in firms linked to an Abu Dhabi royal, which account for more than a third of the total value, alongside a flurry of local listi …
Network International inks agreement with National Bank of Fujairah to provide omni channel payment solutions
Through this agreement Network reinforces its commitment to empowering the corporate sector with innovative and secure payment services and managing them seamlessly across channels …
Pure Harvest: On the road to IPO by 2028
Sky Kurtz, CEO of the controlled environment agriculture firm, said Morocco and Singapore are short-term expansion targets, with the USA and Mexico ‘an exciting opportunity’ for the long-term …
Pure Harvest looks to expand into new markets ahead of IPO
Pure Harvest Smart Farms, a UAE-founded controlled environment agriculture (CEA) company, is positioning itself for further growth as it sets its sights on expanding operations beyond the Middle East.
UAE Food Bank honours strategic partners and volunteers
Under the directives of Hind bint Maktoum ..UAE Food Bank honours strategic partners and volunteersDawoud Al Hajri: The UAE Food Bank’s vision reflects the UAE’s commitment to humanitarian work and th …
Should You Buy Nio Stock While It’s Below Its IPO Price?
Nio plans to keep expanding in Europe even as it faces higher tariffs on Chinese-made EVs, and a $3 billion investment from Abu Dhabi’s sovereign wealth fund last year should support its expansion …
Lulu Retail starts trading on ADX following its record-breaking IPO
Lulu Retail Holdings PLC (“Lulu Retail”, or “Lulu”, or the “Company”, and together with its subsidiaries, the “Group”), the largest and fastest growing pan-GCC full-line retailer, successfully …
Dubai Police arrest wanted man for alleged match-fixing charges
Dubai Police have arrested a man wanted by Interpol for match-fixing and fraud allegations. The police apprehended “William Pereira Rugato,” a Brazilian citizen listed on INTERPOL’s Red Notice, for …
UAE court grants landowner permission for construction amid mortgage dispute with bank
In its final ruling, the court mandated the issuance of the required permit approvals to the municipality, provided the development aligns with zoning guidelines …
How Dubai’s travel wave is boosting the forex market
Dubai acts as a crucial link connecting Asia, Europe, and Africa, providing convenient access for travelers from nearby areas. Affordable flight options and efficient travel times also play a …
UAE jobs: More UK candidates flock to Emirates after high-tax budget
The UAE employment market has been receiving an influx of candidates from the UK after Chancellor Rachel Reeves presented her budget on October 30, according to recruitment consultants. This …