by finance_admin | November 11, 2024 | Corporate Finance
Talabat, the leading on-demand food and quick-commerce app, announced on November 11 that its parent company, Delivery Hero MENA Holding, will sell over 3.49 billion ordinary shares through an initial public offering (IPO) at a nominal value of AED0.04 per share. This...
by finance_admin | November 11, 2024 | Finance
The tax sector in the UAE and the GCC is projected to experience significant growth, with job opportunities in tax roles set to increase as the market expands at a rate four times faster than other regions. This growth aligns with the introduction of new tax policies,...
by finance_admin | November 11, 2024 | Corporate Finance
Swiggy Ltd.’s $1.3 billion initial public offering (IPO) closed successfully on Friday, with demand outstripping supply by more than three times. A late surge in interest from major investors underscored a strong appetite for the Indian food-delivery...
by finance_admin | November 9, 2024 | Corporate Finance, Technology
Sony posted robust quarterly results on Friday, significantly beating analyst expectations on operating profit and revising its full-year sales outlook. The Japanese tech giant’s September quarter operating profit surged by 73% to 455.1 billion yen ($2.98 billion),...
by finance_admin | November 9, 2024 | Corporate Finance
Talabat, the Middle East arm of Germany-based Delivery Hero, is set to launch its highly anticipated Dubai initial public offering (IPO) next week, sources familiar with the matter told Reuters. Expected to raise over $1 billion, this IPO would rank among the largest...
by finance_admin | November 8, 2024 | Economy, Finance
Germany’s Chancellor Olaf Scholz appointed Jörg Kukies as the new finance minister on Thursday, following the dismissal of Christian Lindner. The leadership change has escalated pressure on Scholz to initiate a confidence vote, potentially leading to snap elections...
