“I enquired with my cousins in Dubai about the price surge and was informed that the scenario was the same as in Abu Dhabi.

UAE supermarket operator Spinneys said net profit attributable rose to AED39.7 million ($10.6 million) in the third quarter, ...

Lulu Retail announced on Wednesday that its initial public offering (IPO) was oversubscribed 25 times across all tranches, excluding cornerstone investors, generating demand exceeding $37 billion-a ...

LuLu Retail, owned by business tycoon M A Yusuff Ali's LuLu Group, has created a record demand for a private entity's IPO.

Lulu Retail’s shares will begin trading on the Abu Dhabi Securities Exchange (ADX) on November 14. The Lulu IPO received ...

Lulu Retail Holdings said on Wednesday that it has attracted $36.8bn (Dhs135bn) in orders for its $1.72bn initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX), as investors flock ...

Abu Dhabi is making bold strides to position itself as a global leader in food security by launching a pioneering initiative aimed at transforming the emirate into a net food exporter. The newly ...

IPO (initial public offering) outlook remains cautiously optimistic during the third quarter (Q3) of 2024, with five maiden ...

LuLu Retail breaks demand records, as international investors take 30% of the book, including Vanguard and GIC ...

Abu Dhabi-based retail giant Lulu plans to open 100 stores over the next five years across the GCC countries, creating ...

The final share price was set at 2.04 dirhams ($0.5554) at the top of the indicative range. That price gives Lulu Retail a market capitalisation of $5.74 billion on listing, which is expected on Nov.