Hyundai Motor IPO: GMP for biggest issue crashes amid concerns over rich valuations
Hyundai Motor India is set to launch the largest IPO in the Indian stock market history on October 15. The subsidiary of the South Korean
October 9, 2024
Hyundai Motor India is set to launch the largest IPO in the Indian stock market history on October 15. The subsidiary of the South Korean
Dubai: A 67-year-old Syrian expat in Al Ain won $1 million in Dubai Duty Free Millennium Millionaire draw on Wednesday. Ali Akram Arabo, a resident
Paris: Californian company OpenAI, which makes generative AI chatbot ChatGPT, said Wednesday it was expanding its global reach with four new offices. The firm, which
Airbus SE’s already-reduced annual delivery goal has increasingly become a long shot, as handovers in September have left the European company with gap for the
Dubai: The first Chinar Business Council held in Dubai brought together businessmen, entrepreneurs, industry leaders and professionals to explore new avenues for success in the
Abu Dhabi: A paramedic in Abu Dhabi has been honoured in recognition of his “heroic response” to a distress call from a mother who contacted
Dubai: Saudi Arabia’s Public Investment Fund (PIF) launches a new entity aimed at investing approximately $10 billion (Dh36.7 billion) in green hydrogen production. The new
Dubai: Oman Air is set to launch its first ever direct flights from Muscat to Rome, offering four weekly services starting December 20, 2024. This
Dubai: The National Bank of Bahrain (NBB) becomes the first bank in the country to offer 24/7 US dollar clearing for incoming and outgoing payments.
Dubai: Shares of Arabian Mills for Food Products Co. traded between $17.74 (Dh65.16) and $19.34 (Dh71.04) during their first session on the Main Market (TASI)
Dubai: Almajed Oud Co.’s shares surged by 30 per cent to $32.53 (Dh119.48) in their first trading session today, October 7, on the Saudi Exchange
Dubai: Saudi Arabia’s e-commerce sector is experiencing growth, with 39,769 new businesses registered in the third quarter of this year, reflecting a 9.4 per cent
Dubai: Non-oil business activities in Qatar remained stable in September, despite a decline in the Purchasing Managers’ Index (PMI) from 53.1 in August to 51.7
Dubai: Abu Dhabi based hospital operator Burjeel Holdings will manage all of the healthcare facilities announced in the new Egyptian ‘city’ of Ras El Hekma,
Abu Dhabi: The Department of Municipalities and Transport, in collaboration with the Abu Dhabi Housing Authority, has launched a joint field survey campaign across Abu
KUWAIT CITY ∙ In the face of increasing online scams, the Kuwaiti Ministry. The warning The ministry has also asked locals and foreigners to avoid
Abu Dhabi: Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has arrived in Norway on an official visit. During the
Abu Dhabi: President His Highness Sheikh Mohamed bin Zayed Al Nahyan has ordered six additional flights to deliver humanitarian aid to Lebanese people, in addition
Dubai: While VAT exemptions on crypto transactions and select financial services comes as a big break, businesses in the UAE will also be getting savings
Dubai: Light to moderate rain hit some areas of Ras Al Khaimah and Khor Fakkan in Sharjah on Sunday afternoon. Meanwhile, other parts of the
Dubai: Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors of Dubai’s Roads and Transport Authority (RTA), on Sunday announced that