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Dubai News Club > Business > Talabat raises $2bn in Dubai IPO as Gulf flotations shine
Business

Talabat raises $2bn in Dubai IPO as Gulf flotations shine

Press Room
Last updated: 2024/11/29
Press Room
Published: November 29, 2024
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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Middle East-based food delivery company Talabat has raised $2bn in the Gulf’s biggest initial public offering this year, as the region bucks a global downturn in flotations.

Talabat, which is German group Delivery Hero’s food delivery and quick commerce business in the Middle East and north Africa, priced its IPO at Dh1.60 per share, it said on Friday. That gives…

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Increased international investment interest in Dubai’s capital markets
12.5 billion Dubai real estate transactions in a week
3.64 billion Dubai real estate transactions in one day
2.2 billion dirhams of Dubai real estate transactions in a day
A partnership between Sharaf Group and Tanishek to expand in the retail sector

اشترك في النشرة اليومية

كن على إطلاع! احصل على آخر الأخبار العاجلة مباشرة إلى صندوق الوارد الخاص بك.

    من خلال الاشتراك ، فإنك توافق على شروط الاستخدام وتقر بممارسات البيانات الواردة في سياسة الخصوصية . يمكنك إلغاء الاشتراك في أي وقت.
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