Talabat, Delivery Hero and IPO

LuLu has officially opened its newest hypermarket in Dubai’s Motor City, marking an important milestone following its highly ...
Lulu Retail Holdings Plc’s shares fell after its $1.72 billion initial public offering, a rarity in the Middle East where listings have typically offered stellar returns in early trading.
It is a book-built issue comprising of solely fresh issue of 43.83 lakh equity shares by the company. The price band for the ...
Landmark Group executives confirm no immediate IPO plans as the retail giant marks its 50th anniversary, citing financial ...
Its free cash flow increased by 64% year-on-year to US$226mil in the six months ended June. The Dubai IPO could value ...
Lulu’s IPO raised gross proceeds of AED 6.32 billion (c ... Al Maryah Community Bank LLC, Dubai Islamic Bank PJSC, ...
Delivery firm Talabat, meanwhile, has teed up a Dubai IPO that could value it higher than its parent — Delivery Hero SE.
Their ascent mirrors the rise of the UAE, which is now home to over 10 million people — a third of them from India ...
A total of 3,493,236,093 Shares, each with a nominal value of AED 0.04, will be made available in the Offering ...