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Shein Market

July 17th, 2026 - 04:03 GMT

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 ...

The State’s accounts recorded KD 16.0 billion in revenue, KD 19.2 billion in expenditure, and closed with a fiscal deficit of KD 4.8 billion after accounting the transfer of 10% of total revenue to the State’s Future Generations Fund (FGF) as mandated by law. (Shutterstock)

July 29th, 2018 - 10:07 GMT

Non-Oil Revenue Rises 21.7 Percent in Kuwait

In early July, the government announced its mechanisms of pricing fuel derivatives and indicated that it generated JD854 million in 2017, representing 13 per cent of last year's local revenues, from taxes and fees imposed on fuel derivatives. (Shutterstock)

July 29th, 2018 - 09:50 GMT

Reasons Behind High Taxes on Fuel in Jordan

The report’s findings indicated a rise of 11 per cent in banks’ credit facilities provided to large companies in 2017, reaching JD9.6 billion and constituting 38.1 per cent of the total banks’ facilities. (Shutterstock)

July 29th, 2018 - 09:36 GMT

Report: Banking Sector in Jordan Ranks Third Among 19 European Countries

The Lebanese companies named Wednesday were part of a broader list issued by the U.S. Treasury’s Office of Foreign Assets Control that included firms in Syria, Russia and Ukraine. (Shutterstock)

July 29th, 2018 - 09:19 GMT

U.S. Imposes New Sanctions on Lebanese Companies

Dubai already occupies a prestigious global position as an ultimate destination for tourism and recreation. (Shutterstock)

July 29th, 2018 - 09:10 GMT

Dubai Remains the Preferred Medical Tourism Destination in the Arab Region

The index is among the top performers on a global scale, ending the month of June with a 15.1% gain since the beginning of the year. (File/Photo)

July 29th, 2018 - 09:02 GMT

Saudi Stock Market Prospers in First Half of 2018

The number of Saudi doctors who are seeking job and who have been professionally categorized by the commission as doctors has reached 5,967, the SCFHS said. (Shutterstock)

July 29th, 2018 - 08:53 GMT

Unemployment in Saudi Arabia: Almost 6,000 Doctors Seeking Jobs

The value of total Qatari exports including exports of local origin and re-exports in June amounted to QR26.9 billion. (Shutterstock)

July 29th, 2018 - 08:33 GMT

Qatar's Trade Balance Surplus Soars 44.5 Percent to QR18 Billion

"I was banned from writing. I was banned from tweeting at that time." - Jamal Khashoggi (AFP)

July 29th, 2018 - 07:04 GMT

Saudi Self-Exiled Journalist: Free Expression Is Repressed in Saudi Arabia

The Iranian government said in April that it had developed an experimental domestic cryptocurrency. (Shutterstock)

July 29th, 2018 - 06:44 GMT

Iran to Launch Its National Cryptocurrency to Combat U.S. Sanctions

Huda Kattan, the Dubai blogger turned businesswoman comes on the 20th position and charges $33,000 (approximately Dh 121,000). (Instagram)

July 27th, 2018 - 06:00 GMT

These Are the Celebrities Who Made It to 'Instagram Rich List'

Data for the Index comes from the hundreds of millions of tests taken by real people using Speedtest every month.(Shutterstock)

July 26th, 2018 - 10:45 GMT

Qatar Ranks First in the World for Mobile Network Speeds