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Talabat ups the size of its IPO to become the UAE’s biggest this year
The company saw strong demand from anchor investors
THIS MORNING: Pollution-charging system coming? + Nutrition labels to become mandatory on food packaging in Abu Dhabi in 2025
Plus: DFM hits another decade high
Rothschild opens Dubai wealth management office
The office will focus on serving ultra-high-net-worth families
Bookbuilding for Talabat to kick off next week
Delivery Hero is offering 95% of the IPO to institutional investors
Delivery Hero’s Talabat to IPO on the DFM in December
Talabat’s valuation could reach EUR 13.5 bn
Risky assets rally as central banks pivot to easing
Investors are bullish on EM equities and speculative tech bets
Real estate still in focus + a look at DFM’s partnership with Shenzhen
Binghatti reported heightened demand from wealthy Turkish and Egyptian buyers
Dubai companies saw net income rise 30.9% y-o-y in 2Q 2024
Companies listed in Abu Dhabi saw profitability rise 4.7% y-o-y in 2Q
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