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THIS MORNING: LuLu Retail to debut on ADX + Abu Dhabi to acquire Pakistani airline?
Plus: Gulf states are wary of Trump’s policy on Iran
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
THIS MORNING: Mubadala eyes Haier’s Indian business + Tiger Group to go public?
Plus: Avaada eyes a green hydrogen plant in Abu Dhabi
THIS MORNING: MAF shuts down Carrefour stores in Jordan, opens up new retail chain + Dubai is getting a new sewage fee structure
Plus: LuLu Retail will set the final price for its IPO today
Lulu Retail IPO sells out within one hour
The company is on track to raise up to AED 5.27 bn
ADNH Catering’s shares flat on ADX debut
ADNH Catering raised AED 864 mn in its share sale
Earnings season in full swing
The company’s bottom line decreased to AED 100.9 mn
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