THIS MORNING: Amanat Holdings eyes Riyadh IPO for its education unit next year + We have our own lottery
Plus: No word yet on Covestro takeover, which could mean an extension of the acceptance period to 16 December
Available in your choice of English or Arabic
Plus: No word yet on Covestro takeover, which could mean an extension of the acceptance period to 16 December
Plus: UBS sees the UAE’s non-oil GDP growing 4.7% this year
The company is on track to raise up to USD 1.5 bn
The IPOs are expected to take place next year
The IPO is the second-biggest in the UAE this year
Plus: UAE landed the 26th spot globally and the first among Arab countries on the 2023 Global Knowledge Index
The retail arm’s shares debuted at AED 1.99 apiece
Plus: Gulf states are wary of Trump’s policy on Iran
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