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The fundraising transaction was led by Nuwa Capital, with participation from STV and Khwarizmi Ventures, along with regional family offices

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The Mumbai-based National Stock Exchange outranked the bigger U.S. exchanges in the amounts raised by IPOs for the first time, driven by India's robust economic growth and increasingly active domestic investors, following the rush of IPOs in 2024

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The US asset management firm is looking at the UAE to further its investments in artificial intelligence and infrastructure development

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The deal could raise as much as $300 million

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Company’s listing follows its recent IPO that has been oversubscribed nearly three times

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BankDhofar is also acting as the Joint Global Coordinator and Issue Manager for the IPO

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Europe has more than 350 companies valued over $1 billion

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Analysts believe a strong set of results could see the stock rally

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Swiggy has pushed the limits of rapid commerce in India, with the help of a network of local warehouses and tens of thousands of riders

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Investors need to grasp the defensiveness and predictability in this high-growth sector for capital to flow in, GEMS Group CEO Dino Varkey told Zawya

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The IPO aims to establish one of the largest publicly traded food and beverage entities in Bahrain

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