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Tiny IPOs deliver big gains in S Korea’s hot stock market

BLOOMBERG Excitement over electric vehicles and other technology has made South Korea’s stock market one of the world’s best performers in 2023 — and its initial public offerings (IPOs) are doing even better. The 28 stocks that have listed in Seoul this year to date are up by a weighted average of 47% from their IPO prices. That’s ahead of even ...

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Arada completes 114 homes in villa community at Aljada

SHARJAH / WAM Arada announced it has begun handing over 114 townhouses and semi-detached villas in the Sarab 2 garden villa community at Sharjah megaproject Aljada. The two Sarab communities feature the only villas and townhouses in the Aljada masterplan. All homes at Sarab come with smart home features as standard and a cooker, hood and washing machine/drier installed. Spread ...

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Emirates Mars Mission unveils new observations at EGU23

DUBAI / WAM The Emirates Mars Mission (EMM), the first interplanetary exploration undertaken by an Arab nation, has unveiled a series of unique and ground-breaking observations of Mars’ smaller moon, Deimos, using all three of its science instruments to ‘advance our fundamental understanding’ of Mars’ most mysterious moon and its larger companion, Phobos. The new observations challenge the longstanding theory ...

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