Shares of a vegan burger maker have soared on their Wall Street debut.
Stocks for Beyond Meat closed up 163 per cent on its first day of trading.
Shares started at AED 91 (USD $25) each at the start of trading.
At one point on Friday they touched AED 264 (USD $72) before closing at AED 241 (USD $65.75)
The day’s developments means that the California company is now valued at close to AED 14 billion (USD$ 3.8 billion).
ADCB successfully completes AED6.1 billion rights issue
Abu Dhabi Commercial Bank PJSC (ADCB) on Wednesday announced the successful completion of its AED6.1 billion rights issue, following the close of the subscription period on December 4.
UAE, Russia to strengthen economic ties
The United Arab Emirates and Russia have reaffirmed their commitment to deepening economic cooperation during a high-level meeting in Dubai.
Dubai Duty Free hits AED8 billion retail landmark
Dubai Duty Free reached an historic milestone on Tuesday when the airport retailer passed AED8 billion in annual sales for the first time in its 42-year history.
UAE and Ireland boost cooperation in tourism and the new economy
The UAE and Ireland are set to deepen economic and tourism collaboration following high-level talks in Dubai between Abdulla bin Touq Al Marri, Minister of Economy and Tourism, and Ireland’s Minister for Enterprise, Tourism and Employment, Peter Burke.
ADX sees introduction of 17 securities during 2025
The Abu Dhabi Securities Exchange (ADX) saw the introduction of 17 securities during 2025, Group CEO Abdullah Salem Al Nuaimi said on Tuesday.
