ABU DHABI / WAM Lulu Retail Holdings, the largest and fastest growing pan-GCC full-line retailer, successfully commenced trading on the Abu Dhabi Securities Exchange (ADX) on Thrusday following its Initial Public Offering (IPO) and trading under the ticker “LULU”. Lulu’s IPO raised gross proceeds of AED 6.32 billion (around $1.72 billion) making it the largest offering in the UAE in ...

ABU DHABI / AD MEDIA OFFICE Department of Municipalities and Transport launches Innovative Future Hub to advance urban development. The Department of Municipalities and Transport (DMT) has launched its Future Hub, reinforcing Abu Dhabi’s global leadership in urban governance and affirming its role in driving its future-forward development. DMT’s Future Hub’s first collaboration is with MIT’s Senseable City Lab, a ...

ABU DHABI / WAM The Abu Dhabi Investment Authority (ADIA) on Thursday published its 2023 ADIA Review, providing a thorough overview of its activities over the past year and outlook for the year ahead. The 2023 ADIA Review includes a detailed analysis of market conditions across the many asset classes in which the authority invests and significant developments within each ...