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Shein Market
July 17th, 2026 - 04:03 GMT
Osama Ali

Osama Ali

Shein wins Hong Kong listing approval, targets $50 billion valuation

ALBAWABA — Chinese fast-fashion behemoth Shein has taken a step closer to its long-awaited stock market debut after winning clearance from the Hong Kong Stock Exchange’s Listing Committee, leading to what might be one of Asia’s largest initial public offerings (IPOs) in recent years. The company aims to publish its preliminary prospectus in the week of July 27, and the IPO may start as soon as the end of August ...
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The fees for hiring of workers and health insurance will be increased as well, while workers will be mandated to undergo medical tests before entering the country. (Shutterstock)
August 28th, 2018 - 08:37 GMT

No Work Permits for Expats Above 60 in Kuwait

Police reportedly found a suicide note from the second floor flat, which Mr Prakash, his wife Shijina and their two sons Vedjabes and Abhayadev, shared with another Indian family. (Shutterstock)
August 28th, 2018 - 08:05 GMT

23 Expats Committed Suicide in Bahrain in 2018

The top Iranian diplomat said Tehran would cooperate with Ankara to put off wildfire in the Iraqi part of Hour al-Azim wetland. (Shutterstock)
August 27th, 2018 - 10:55 GMT

Iran Honours Relations With Turkey

An ounce of gold is now worth $544 up from $447.76. (Shutterstock)
August 27th, 2018 - 10:48 GMT

Gold Ounce Price up to $544

The Turkish lira has lost nearly half of its value over the last 12 months. (Shutterstock)
August 27th, 2018 - 10:46 GMT

The Economical Ramifications of Erdogan's Dictatorship

Every child has a right to a quality education in a safe and inclusive environment. (Shutterstock)
August 27th, 2018 - 10:44 GMT

Australia Pledges JD5.2 Million to Jordan to Improve Access to Education

The exchange will support the cryptocurrency trading pairs of Bitcoin and Ethereum Classic. (Shutterstock)
August 27th, 2018 - 10:40 GMT

World’s First Shariah-Compliant Crypto Exchange to Be Launched in UAE

Kuwait is working to complete the project on the specified date under the GCC's general secretariat plan, said the report. (Shutterstock)
August 27th, 2018 - 10:31 GMT

Kuwait Commences Work on Gulf States Railway

Egypt maintained its position as the most popular destination of Q2, "thanks to the continued patronage of both leisure and business travellers from the region." (Shutterstock)
August 27th, 2018 - 10:24 GMT

Egypt Ranks as Most Popular Holiday Destination for MENA Travelers

The loan which was increased from an initial guide size of $6 billion to $8 billion, comes after the Kingdom postponed Aramco’s initial public offering. (Shutterstock)
August 27th, 2018 - 10:13 GMT

Saudi Arabia Public Investment Fund Raises $11 Billion Loan

Arif Naqvi, the founder of Abraaj Group. (AFP)
August 27th, 2018 - 09:58 GMT

Abraaj Group Founder to Face Court on August 28

95% believe that AI will have a positive impact on their firm, with 70% already earmarking a budget for its implementation. (Shutterstock)
August 27th, 2018 - 09:49 GMT

Survey: 95 Percent of Middle East Firms Believe AI Have Positive Impact

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