Dubai grocery retailer sets share price at Dh1.53 Dubai: As expected, the Dubai retailer Spinneys has set its IPO price at Dh1.53 a share, the high end of its Dh1.42-Dh1.53 range. This will result in offer proceeds of Dh1.38 billion and a market cap
Spinneys’ IPO numbers throw down a marker for UAE family businesses As latest UAE IPO opens, retail investors get another shot at raising their visibility It would not be much of an exaggeration to state that the story of the revival of the
An extended business license program can deliver immediate lift-off to productivity. “Only a crisis, whether real or perceived, produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around and that is when the alternatives
When interest rate cuts happen, do not expect Western, emerging markets to go in the same way As the era of zero and negative interest rates finally ended last week, much of the commentary remained fixated on the idea of rate cuts looming on
On its DFM debut, Parkin soars, but day traders could not pick up more as apps crash Dubai: For many retail investors in the UAE wanting to add more Parkin shares to their portfolio on the first day of listing, there was only disappointment.
For them, the next step is to bulk up their stock holdings beyond minimum allotments Ever since Apple went public in 1980, the market for primary offerings has remained largely unchanged. A pattern emerged that the largest and most disruptive of companies were
At JLT and Al Furjan, apartments closest to the metro station now carry up to 30% premium Dubai: Thinking of renting an apartment at a location near a Dubai Metro station in JLT or at the fast emerging residential hub of Al Furjan?
UAE’s first IPO of 2024 has reportedly pulled in record retail over-subscription Dubai: As was widely anticipated, the retail part of the Parkin IPO has been raised, from 10 per cent to 12 percent, with the Dubai company confirming an ‘exceptional level of over-subscription’.
Even without an AI-influenced boom, UAE stocks have been doing quite well Nothing can remain in Dubai for long without being fitted into the city’s many storeyed status structure. As any random five persons in Dubai to rank the best hotels in the
Start of hectic activity for UAE stock markets – and ‘special’ dividend from Emirates NBD Dubai: It’s the start of a busy few days for UAE stock markets as the first set of dividends on 2023 performances reach shareholders, including the ‘special’ one from
