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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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A number of 13 new technologies have been produced in pharmaceutical field in less than a year. (shutterstock)
July 25th, 2018 - 09:31 GMT

Iran Introduces 13 New Technologies in Pharmaceutical Industry

Cairo attracted foreign investments worth $13.7 billion. (Shutterstock)
July 25th, 2018 - 09:22 GMT

Egypt Leads in Attracting Foreign Investments Across Africa

The investments are distributed in 42 countries, with the UAE hosting the largest share. (Shutterstock)
July 25th, 2018 - 08:26 GMT

Jordanian Expats' Investments Worth $7.2 Billion

The new rule leaves expat families facing a difficult choice. (GDN)
July 25th, 2018 - 08:07 GMT

Expats Urge Bahrain to Reconsider Minimum Wage Rule for Dependent Visas

In the Middle East, personal wealth rose by 11 per cent to Dh13.96 trillion ($3.8 trillion) in 2017. (Shutterstock)
July 25th, 2018 - 06:53 GMT

Report: Private Wealth in UAE to Reach Dh2.16 Trillion by 2022

Smart Crowd is a digital crowdfunding platform that pools capital among a group of people to collectively own a property. (Shutterstock)
July 25th, 2018 - 05:59 GMT

Smart Crowd: Have Your Own Property in Dubai for as Little as Dh5,000

Cryptocurrencies overall were also higher. The coin market cap of total market capitalization was at $300 billion at the time of writing compared to $288 billion on Monday. (Shutterstock)
July 24th, 2018 - 07:30 GMT

Bitcoin Rises Above $8,000 for First Time Since May

This is due to US withdrawal from the Iran nuclear deal and US President Donald Trump’s determination to bring Iran’s oil exports to a standstill. (Pexels)
July 24th, 2018 - 11:52 GMT

Crude Oil Markets to Face Fluctuating Prices

As of April, more than 800,000 had left the country since late 2016. (AFP)
July 24th, 2018 - 10:50 GMT

Saudi Economy Suffers from Foreign Workers Exodus

The total number of foreigners in the Saudi labor market declined by around 796,000 since the start of 2017.  (AFP/Karim Jaafar)
July 24th, 2018 - 10:36 GMT

Expats Exodus Shakes the Saudi Construction Sector

Rents have been negatively impacted by weak demand following job losses and cuts in housing allowances leading to more vacancies. (Shutterstock)
July 24th, 2018 - 10:24 GMT

Dropping in Demand Results in 2 Percent Fall in Abu Dhabi Rents

The roll-out of long-term residency visas could be a game changer for the real estate industry. (Shutterstock)
July 24th, 2018 - 10:02 GMT

Visa Reforms in UAE to Enhance the Real Estate Market

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