Bloomberg Vincom Retail JSC’s existing investors raised $709 million after pricing an initial public offering of the Vietnamese mall operator at the top end of a marketed range. Existing shareholders including Warburg Pincus and Credit Suisse Group AG priced 396.5 million shares at 40,600 dong apiece, according to terms for the deal obtained by Bloomberg. The stockholders initially offered 380.2 ...

DUBAI / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Airport Freezone Authority (DAFZA), witnessed the launch of ‘Dubai CommerCity,’ an AED2.7-billion ($735mn), 2.1-million square feet joint venture between DAFZA and wasl Asset Management Group, in the Umm Ramool area. Dubai CommerCity, the first free zone dedicated to e-commerce in the MENA region, is strategically intended ...

NEW YORK / WAM The UAE has called for the international community to promote the participation of women in peace and security efforts to prevent conflict and promote sustainable peace at the UN Security Council’s open debate on Women, Peace and Security (WPS). The UAE reaffirmed its commitment to advocate for the full participation of women in all aspects of ...