The IPO is Abu Dhabi Securities Exchange’s second listing this year and it was oversubscribed by 136 times
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The post Presight AI’s $496m IPO attracts $25.8bn in orders appeared first on Gulf Business.
Month: March 2023
Saudi Arabia explores setting up framework for SPAC listings
Yazeed Saleh Aldemaigi, deputy, strategy and international affairs at Capital Market Authority didn’t give a time frame for when the framework could be introduced
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The post Saudi Arabia explores setting up framework for SPAC listings appeared first on Gulf Business.
Revealed: Here’s what consumers in the UAE spent their money on in 2022
Majid Al Futtaim’s latest ‘State of the UAE Retail Economy’ Q4 report, revealed that e-commerce sales continued their strong upward trajectory, more than doubling to $6bn in 2022 from $2.6bn in 2019
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The post Revealed: Here’s what consumers in the UAE spent their money on in 2022 appeared first on Gulf Business.
Meta starts next round of layoffs with 1,500 jobs in recruiting, HR
The first wave of cuts were explained to Meta executives Thursday morning
The post Meta starts next round of layoffs with 1,500 jobs in recruiting, HR appeared first on Gulf Business.
The post Meta starts next round of layoffs with 1,500 jobs in recruiting, HR appeared first on Gulf Business.
NorthLadder launches second-hand marketplace in Saudi Arabia
Residents in Riyadh and Jeddah can now use the marketplace to sell their used laptops, mobile phones, tablets and smartwatches
The post NorthLadder launches second-hand marketplace in Saudi Arabia appeared first on Gulf Business.
The post NorthLadder launches second-hand marketplace in Saudi Arabia appeared first on Gulf Business.
UAE to invest $30bn in South Korea over the next few years
The two countries agreed to enhance joint efforts to implement the MoU that was signed recently
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The post UAE to invest $30bn in South Korea over the next few years appeared first on Gulf Business.
Alfa Romeo F1 Team looks to expand presence in Everdome
The ongoing partnership will see the Everdome team creating multiple VR experience activations
The post Alfa Romeo F1 Team looks to expand presence in Everdome appeared first on Gulf Business.
The post Alfa Romeo F1 Team looks to expand presence in Everdome appeared first on Gulf Business.
Dubai’s Emirates reveals new signature livery and here’s why it ‘pops’
Passengers onboard an Emirates aircraft with a window view will see the UAE flag colours painted on the wingtips facing the fuselage
The post Dubai’s Emirates reveals new signature livery and here’s why it ‘pops’ appeared first on Gulf Business.
The post Dubai’s Emirates reveals new signature livery and here’s why it ‘pops’ appeared first on Gulf Business.
Ports operator DP World’s revenues surge to $17.1m in 2022
The logistics firm said the broadening of strategic partnerships and monetisations of its assets in 2022 strengthened its balance sheet
The post Ports operator DP World’s revenues surge to $17.1m in 2022 appeared first on Gulf Business.
The post Ports operator DP World’s revenues surge to $17.1m in 2022 appeared first on Gulf Business.
How taking on complex tasks can increase focus
Our mind tends to wander more when we perform mundane tasks, compared to when we perform novel and challenging ones
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The post How taking on complex tasks can increase focus appeared first on Gulf Business.