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BUSINESS

BUSINESS latest

Bitget Launches New Pre-IPO Product With SpaceX as First Listing
April 15th, 2026 - 10:24 GMT

Bitget Launches New Pre-IPO Product With SpaceX as First Listing

Bitget , the world’s largest Universal Exchange (UEX), has launched IPO Prime, introducing a new market structure that enables users to access and trade pre-IPO exposure to global unicorn companies such as SpaceX. Powered by Republic , the launch marks an expansion beyond traditional secondary market trading, enabling participation in value creation before companies enter public markets, a phase historically limited to institutional investors and private capital networks. Through IPO Prime, Bitget extends its Universal Exchange framework into primary market access, bridging a long-standing gap between private and public market ...
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According to the latest report from consultancy EY, room rates fell 1.4 per cent year-on-year to $286 (Dh1,050), leading to a 2.8 per cent drop in revenue per available room to $252.
January 18th, 2018 - 01:20 GMT

Dubai Hotel Rates, Occupancy Dip in November: Report

The United Arab Emirates central bank’s plan to change the way a key interest rate used to price debt is calculated has been postponed.
January 18th, 2018 - 01:02 GMT

UAE Postpones Changes to Key Interest Rate Formula

Bitcoin has all the hallmarks of a speculative bubble but the global economy will be fine even if it bursts, analysts say. (Shutterstock)
January 18th, 2018 - 01:00 GMT

Bitcoin Bubble Will Burst, But No Big Deal

The passengers who download the new app can benefit from a %15 discount on all domestic and international flights.
January 18th, 2018 - 12:52 GMT

Turkish Airlines' Mobile App Offers Discount Flight Tickets

Under the MoU, the two organizations will work closely towards reducing cases of diabetes in the region as well as ensure that those affected by the lifestyle disease receive the much needed assistance to effectively manage the condition.
January 18th, 2018 - 12:37 GMT

Novo Nordisk and Friends for Diabetes Form Partnership to Help Curb Type 1 Diabetes in UAE

Lulu Express Freshmarket is the 12th branch in the Kingdom of Saudi Arabia.
January 18th, 2018 - 12:23 GMT

Lulu Hypermarkets to Open New Branch in Dammam

 Nationals and residents simply need to present a valid Saudi Arabian ID to qualify for some of the best offers in the city.
January 18th, 2018 - 12:15 GMT

Meraas Launches Promotional Campaign to Attract Holidaymakers From Saudi Arabia

Tech startups incubated by KACST have successfully raised more than SR48 million during the year 2017, through 15 funding deals.
January 18th, 2018 - 12:13 GMT

Saudi Tech Startups Raise Over SR48 Million in 2017: KACST

The new 10 million square feet Emaar Beachfront destination brings a never-before lifestyle choice to Dubai.
January 18th, 2018 - 12:08 GMT

Emaar Development Unveils Private Gated Island Destination in the Arabian Gulf

SABIC is actively participating in the activities of the Abu Dhabi Sustainability Week (ADSW).
January 18th, 2018 - 12:03 GMT

SABIC Supports Saudi Participation in Abu Dhabi Sustainability Week

Al Baik, the local fast-food outlet beloved of Saudi diners, came fifth in a ranking of popular brands by YouGov, ahead of Samsung, YouTube and Google. (Courtsey of Al-Baik)
January 18th, 2018 - 11:58 GMT

Al Baik Ahead of Samsung, Google in Brand Ranking in Saudi Arabia: YouGov

The main driver behind the restoration of Egypt’s economic competitiveness was the decision to float the pound in November 2016, the report states. (Shutterstock)
January 18th, 2018 - 11:42 GMT

Egypt’s Economy to Record Region’s Strongest Growth by 2019: Report

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