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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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Saudi Arabia sees drop in expatriate workforce as unemployment rises. (Shutterstock)
July 16th, 2018 - 09:43 GMT

After the Expats Exodus, Saudi Arabia to Reduce Saudisation Targets in Some Retail Sectors from 100 Percent to 70 Percent

Saudi Arabia will introduce its first comprehensive bankruptcy law on August 18. (Shutterstock)
July 15th, 2018 - 11:46 GMT

Bankruptcy Reforms to Overhaul the Saudi Economy

SAGIA offers supportive and advisory services to organizations to deliver solutions to their business needs. (Shutterstock)
July 15th, 2018 - 11:35 GMT

Saudi Fintech Future Highlighted in London Forum

The casino has been in a fight with the state over closing down these centers, and the source said the two sides agreed in 2008 to shut down any gambling center other than the casino. (Shutterstock)
July 15th, 2018 - 11:27 GMT

Illegal Gambling Results in Loss of Millions in Lebanon

Ratio may be higher if refugee factor taken into account. (Shutterstock)
July 15th, 2018 - 11:11 GMT

IMF: Shadow Economy Accounts for 17 Percent of Jordan's GDP

The kingdom has attracted investment from a number of big auto and aerospace investors in recent years including Renault, Peugeot, Bombardier as well as Boeing and Safran. (Shutterstock)
July 15th, 2018 - 10:59 GMT

Morocco to Introduce Corporate Tax Break

The new law must encourage local and foreign investment through carefully-studied rates of tax on all sectors. (Shutterstock)
July 15th, 2018 - 10:34 GMT

Senate President in Jordan Discusses 'the Tax Law That We Want'

35,000 Saudi citizens visited Azerbaijan in 2017, which is one of the highest from GCC countries. (Shutterstock)
July 15th, 2018 - 10:29 GMT

Development of Trade, Investment and Tourism Cooperation Between Saudi Arabia and Azerbaijan

The agreements, which were signed by Ejaad Platform, Petroleum Development Oman (PDO), and Sultan Qaboos University, target different research challenges faced in Oman, offering a unique opportunity to support the nation’s sustainable development. (Times of Oman)
July 15th, 2018 - 10:17 GMT

Four Research Agreements Worth More Than OMR300,000 in Oman

President Hassan Rouhani’s economic strategy is to significantly reduce the government’s dependency on oil and instead collect tax more systematically. (Shutterstock)
July 15th, 2018 - 09:56 GMT

Tax Income Increases 14 Percent in One Year in Iran

Majority of the upcoming supply will come up in Dubailand, Business Bay, Jumeirah Village Circle and Downtown Dubai. (Shutterstock)
July 15th, 2018 - 09:51 GMT

Demand to Exceed Supply for Properties in Dubai by 2020

About 30% of students in major international schools have left the Kingdom. (Shutterstock)
July 15th, 2018 - 09:43 GMT

60% of Teachers in Saudi Private Schools Are Still Expats Despite the Expats Exodus

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