That’s a road bump for Apple, which has enjoyed healthy initial sales of its flagship product in other Asian markets such as China. While Apple ranks outside the top six smartphone brands…
Tag: sale
Boeing exploring sale of space business: Report
NEW YORK: Boeing is exploring a possible sale of its space business as its new CEO seeks to improve the embattled company’s financial position, the Wall Street Journal reported Friday. The company…
Thai Airways plans $1.3 billion share sale to complete debt revamp
Another 9.82 billion new shares will be for existing shareholders, employees and other investors in a private offering. While the company didn’t specify the share price for this offering in the regulator…
Adani Enterprises' debut retail bond sale sees strong demand
The retail segment of the issuance was fully sold on day one as offers worth 2.5 billion rupees were received as compared to 2.4 billion rupees reserved for this category of investors….
Al Majed for Oud raises $188m from 30 per cent stake sale, IPO at $25 per share
The institutional book-building phase saw an overwhelming demand, with subscriptions oversubscribed by 156.5 times, according to the company’s statement. The retail offering, scheduled for September 15, will include 1.5 million shares, or…
Up to 90% discount as DSS announces final sale in Dubai
For those in need of an extra incentive, participating stores are offering a last chance to win prizes – including a brand-new Jaguar F Pace, Lexus hybrid SUVs, Dh5,000 in cash, Dh10,000…
Adani founders to raise $500 million from Ambuja Cements share sale
A firm owned by billionaire Gautam Adani and his family plan to sell $500 million of Ambuja Cements Ltd.’s shares. Holderind Investments Ltd. will sell 69.96 million shares, or 2.84% stake in…
Dubai real estate market sees record Dh650 million land sale
The total value of real estate sales in Dubai has soared to Dh2 billion, driven by 494 transactions. Business Bay led the market with 696 transactions. Following Business Bay, Al Yafwa 1…
UAE, GCC airlines launch post-summer sale with airfares starting at Dh160 to major destinations
“These fares reflect a new push to spotlight SalamAir’s light fare product, which offers passengers a low fare that includes 7kg hand luggage,” the statement added. Sherif Hosny, Director of Marketing at…
Hotel operations of Palazzo Versace Dubai will not feel any impact from property sale
“The hotel has an exclusive management contract with Palazzo Hospitality Services, with contractual and exclusive rights of operation secured until 2037,” said Monther Darwish, Managing Director of Palazzo Versace Dubai, as well…