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Amanat Holdings’ Almasar Education is gearing up to debut a 30% stake on Tadawul
Almasar reported a 23% y-o-y jump in its 1H 2025 revenue
THIS MORNING: Fuel prices rise in October + Spinneys ventures outside of the Gulf with first stores in Philippines
Plus: Keeta plans mns of USD in investments in the UAE
Alec Holding’s Dubai IPO sells out in hours
The IPO could raise up to AED 1.4 bn at the top of the range
THIS MORNING: Dubai’s bubble risk rises amid looming supply glut, less affordable prices + BYD to roll out hundreds of fast chargers in the UAE
Plus: UAE is one of the world’s top five destinations for crypto investors, according to Henley & Partners
THIS MORNING: EGA taps banks for IPO + Mubadala weighs exit from Turkish delivery startup Getir
Plus: UAE targets 2 mn SMEs, 10 unicorns by 2031:
THIS MORNING: UAE to potentially downgrade Israel ties over annexation threat?
Plus: Etihad Airways adds Damascus to its destinations
THIS MORNING: DIP confirms IPO plans + e& Enterprise to develop data center infrastructure in Serbia
Plus: RTA to set up battery-swapping stations for electric bikes
Alec Holdings set to become Dubai’s first corporate IPO this year
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