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Nice One Beauty aims to raise $322m in Riyadh IPONice One Beauty, a leading beauty care e-commerce platform in Saudi Arabia, is set to launch an initial public offering (IPO) in Riyadh, aiming to raise up to SAR1.21 billion ($322 million). It is offering 34.6 million shares (30% of the share capital) for a price range of SAR32 to SAR35 per More… |
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Talabat raises $2bn in largest global tech IPO in 2024Talabat Holding, a leading on-demand online food ordering, delivery, takeaway, groceries, and convenience retail marketplace in the MENA region, has announced the successful completion of the bookbuilding and public subscription process for its initial public offering (IPO) on the Dubai Financi More… |
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Lulu opens 57th store in Saudi Arabia at DammamLulu Retail has launched its 57th store in Saudi Arabia at Dammam in the Eastern Province as part of its ambitious plan to launch 100 stores in the kingdom within three years. Four new outlets will be opened in Makkah and Madinah in the next two months, said the company in a statement. More… |
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Saudi Retail Forum 2024 to put spotlight on homegrown brandsThe Saudi Retail Forum (SRF) 2024, a key industry event for the region, kicks off at very heartening time as the kingdom’s retail sector is poised to reach SR596 billion ($159 billion) by 2024 and touch approximately $176.5 billion by 2026, said the event organisers citing data from Sta More… |
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Devji Aurum unveils Celtic-inspired prime collection at Jewellery ArabiaDevji Aurum, one of the oldest fabricators of exquisite jewellery, has collaborated with leading Welsh fashion designer Jayne Pierson and go-to-market advisory firm nuForj to launch its limited edition of rare set of collars, cuffs, earrings and rings under the Gwenllian Collection in Bahrain More… |
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Talabat increases IPO size by 5pc to meet investor demandTalabat Holding, a leading online food ordering, delivery, takeaway and groceries and convenience retail marketplace in the Mena region, has increased its initial public offering (IPO) size from 15% of its issued share capital to 20%. The offering size increas More… |
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Aramex partners with ChannelEngine to offer a new gatewayAramex has partnered with ChannelEngine to enable brands and retailers unlock new sales channels across the Middle East and beyond, enhancing their ability to reach new customers and expand into key markets. Tarek Abuyaghi, General Manager of Aramex, said: &ld More… |
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Two mega stores launched at Dubai’s Times Square CenterRoboland and United Furniture have launched two mega stores at Times Square Center, adding value to the community mall of Dubai, a sought-after destination that is known for its family-friendly ambience and diverse offerings. While Roboland is a tech enthusiast's paradise, United F More… |
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Saudi beauty brand Nice One announces IPO plansSaudi-based Nice One Beauty Digital Marketing Company has announced its decision to proceed with an initial public offering (IPO) and the listing of its ordinary shares on the main Saudi Exchange (Tadawul). It will be done through the sale of a combination of existing and newly issued shares. More… |
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AliExpress Super Friday brings unmissable deals to KSAAliExpress, an international online retail marketplace, has unveiled its Super Friday promotion in the KSA. With a successful 11.11 shopping bonanza already under its belt, AliExpress saw Saudi consumers’ enthusiasm for shopping. Home entertainment More… |
