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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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Compared to the 2016 scores, Oman has improved on all three indices and is ranked sixth among the Arab countries and second in the Online Services Index. (Shutterstock)
July 24th, 2018 - 09:50 GMT

UN Survey: Oman Ranks Second in Arab Region in Online Services Index

The tender is the second to be issued by the ministry under the National Renewable Energy Program, a government strategy which sets out specific targets on future renewable energy production. (Shutterstock)
July 24th, 2018 - 09:33 GMT

Saudi Arabia $500 Million Wind Farm Project Receives Four Bids

Riyadh came in the 30th place in this assessment of municipal portals, which studied 7 cities in Africa, 6 in the Americas, 13 in Asia, 12 in Europe, and 2 in Oceania, with the top three leaders among them being Moscow, Cape Town and Tallinn. (Shutterstock)
July 24th, 2018 - 09:19 GMT

Riyadh Hits 30th Place in UN E-Government Survey

The grand opening of the world's largest Warner Bros. branded indoor theme park is on July 25. (File/Photo)
July 24th, 2018 - 09:13 GMT

UAE Leaders Open The Doors to $1 Billion Warner Bros. World in Abu Dhabi

Driven by rapid advancements in Internet of Things (IoT) technology, cloud computing and network connectivity, smart city projects are setting out to overcome these issues and make cities cleaner, more efficient and better coordinated. (Shutterstock)
July 23rd, 2018 - 01:04 GMT

Smart City Projects to Resolve Urban Areas' Issues

Autonomous cars need to navigate their environments independent of human input, detecting changes on the road through radars, lidars, odometry, computer vision and GPS. (Shutterstock)
July 23rd, 2018 - 12:50 GMT

Will We See Self-Driving Cars in the Market Soon?

The satellite, called Athena, is slated to blast into orbit in 2019, according to e-mails obtained from the US Federal Communications Commission (FCC) in response to a Freedom of Information Act request filed by Wired. (Shutterstock)
July 23rd, 2018 - 11:11 GMT

Ground Control to Facebook: Beam down the Internet to Earth

Outlook for GCC equities positive, with banking shares seen to gain the most. (Shutterstock)
July 23rd, 2018 - 10:50 GMT

GCC Stock Markets Expected to Soar in H2'18

In June, workers of two contracting companies staged separate protests over unpaid salaries. (Shutterstock)
July 23rd, 2018 - 10:10 GMT

Hundreds of Expats Suffer from Unpaid Wages in Bahrain

A total of 201,577 detainees were referred to concerned embassies and consulates to issue them with travel documents while 250,396 others were finalizing their flight bookings for their final departure from the country. (Pixabay)
July 23rd, 2018 - 10:02 GMT

1.5 Million Illegal Expats in Saudi Arabia Arrested Within 8 Months

The Islamic insurance sector continues to face secular challenges around relatively concentrated and undifferentiated business models and high expense ratios. (Shutterstock)
July 23rd, 2018 - 09:54 GMT

Islamic Insurance Industry Remains Profitable Regardless of the Net Profit Plummet

The central bank said that, 85 per cent of those debts are owed to local banks, while the remaining 15 per cent are owed to financial facilities companies. (Shutterstock)
July 23rd, 2018 - 09:18 GMT

Kuwait Banks Burdened with $1.8 Billion Bad Debts for Laid off Expats

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