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THIS MORNING: UAE-listed stocks top USD 1 tn in market value + Masdar, NMDC Energy eye expansion
Plus: Actis to funnel more into UAE investments?
Largest IPO of 2024 flat on ADX debut
The retail arm’s shares debuted at AED 1.99 apiece
THIS MORNING: VC and PE funding to triple by year’s end? + Adnoc L&S to invest USD 5 bn over five years
Plus: Sharjah’s biggest solar plant to go live before next summer
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
LuLu Retail raises AED 6.32 bn in largest IPO of the year
The IPO’s final price was set at AED 2.04 per share
US investment manager GQG Partners invests USD 500 mn in Alpha Dhabi
US investment manager GQG Partners has invested USD 500 mn in International Holding Company (IHC) investment platform Alpha Dhabi, according…
ADX, FTSE roll out Islamic index
The index provides access to the ADX’s top 15 Shariah-compliant companies
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