UAEs

Talabat Stumbles Despite UAE’s Top 2024 Listing

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Talabat Stumbles Despite UAE’s Top 2024 Listing

Delivery Hero’s Middle East subsidiary Talabat raised $2 billion in an IPO on December 10. Talabat sold more than 4.65 billion shares at AED1.60 ($0.44) per share. The sale of a 20% stake represents a market capitalization of approximately $10 billion. Berlin-based Delivery Hero has decided to increase the size of its offering from 15% … Read more

UAE’s Bitcoin Holdings Soar To $40 Billion As Bull Season Continues

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Bitcoin Bull

The United Arab Emirates (UAE) recently witnessed its Bitcoin holdings reach an impressive $40 billion, marking a significant milestone in the country’s cryptocurrency journey. This investment surge aligns with a global bull market that has reignited interest in digital assets. The implications of this growth are profound as the UAE continues to position itself as … Read more