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Listing may be in Mumbai or London, according to managing director and chairman Dr Azad Moopen
Asset management firm said in November that it would sell new shares equivalent to 55% of the firm to the public
Sale planned despite recent poor performances
Proposals come in the wake of recent greenfield IPOs in the UAE this year
The drop was a fresh sign of a collapse of sentiment among retail investors in Dubai
Company will offer 40% of its shares to the public, in an offer that will run from Nov 17-30
Education and healthcare investor will list on the Dubai Financial Market in late November
Expected to be named Orascom Construction, is set to list on stock markets in Egypt and the UAE in the first quarter of 2015
Ground-handling, cargo and maintenance are the airline company’s next units to be sold as it moves towards privatisation
Move follows record-breaking first issue in June, cash raised to go for infrastructure investment
Chairman Mohamed Alabbar says the unit is worth up to $1.09 billion
Shares to be sold at AED2.90 ($0.78), valuing the business at $10.3 billion
Sources claim the family-owned business is looking to sell 30% of the company as early as the first half of 2015
Overwhelming demand saw the IPO initially raise $21.8 billion and then send Alibaba's stock surging 38 percent in its debut on Friday
China's e-commerce giant Alibaba ranks as the biggest IPO ever in its debut on the NYSE.
Sheikha Lubna bint Khalid Al Qasimi reveals strong female representation during speech at global...
Free service targeted at companies and PR agencies
Circular building will house some of the latest inventions and innovations
Organisers to launch competition for new Expo 2020 Dubai logo
The Indian CEO Awards featured the very best in expatriate success in a number of sectors throughout...
Crown Prince announces $1m prize for best international entry; contest to focus on uses in...
Stallion Group boss leads list for first time, followed by Feroz Allana and Dr Ravi Pillai
Full-year passenger numbers total nearly 70.5m in 2014; forecast to grow to 79m this year,...
UN Secretary-General Ban Ki-moon presented the award during a ceremony at the World Economic...
whatnext. You missed the last sentence of my first paragraph about doctor-patient confidentiality.....
As for your, and Doug's, definition of terrorism... more
Hats off agian. Step in the right direction. Now this to be done for the small shops and you will see economy even grow faster. Will also stimulate the... more
I remember a taxi driver told me once, if you want to seek revenge on anyone, convince him to join as a Dubai taxi driver. I know now the reason. Poor... more
You forgot to mention the sewage pit between JLT and Jumeirah Park and the terrible landscaping in Jumeirah Park The chain link fencing they want to install... more
Question: All you people, criticizing my comment, do you work for Air India by any chance?
Additionally, for all the whiners, I will provide you... more
I once had a Emirates Post employee hang up on me when I asked her to repeat something. That said, the worst is my management company, Kingfield Management... more
This is nothing more than another example of greed on the part of Nakheel.
Of course homeowners should be allowed to develop their plots. Nakheel... more
@Deborah, sad as your story may be truth is that you were reminded many times (check AB!) that you should never forget the transient nature of your time... more