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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 Banque du Liban's large gross foreign reserves maintains the Lebanese financial systems considerable liquidity buffers to weather a period of slower financial inflows or short-term outflows. (Shutterstock)
July 8th, 2018 - 10:01 GMT

Lebanese Banking System Is Stable Despite Various Challenges

Oman’s diversification efforts and the planned completion of major infrastructure projects are indicators to a positive outlook. (Shutterstock)
July 8th, 2018 - 08:55 GMT

IMF: Non-Oil Economic Growth to Increase by Four per Cent in Oman

“The plan outlaid an aspirational target of OMR700 million for the value of GOEs transferred to private sector owners between 2017 and 2021." - ISFU annual report (Shutterstock)
July 8th, 2018 - 08:47 GMT

Privatization in Oman to Raise OMR700 Million by 2021

The value of imports reached Dh22.1 billion, while exports and re-exports amounted to Dh4.47 billion and Dh886 million respectively. (Dubai Media Office)
July 8th, 2018 - 08:35 GMT

Dubai Non-Oil Trade With South Korea Reaches More Than $7 Billion


US sanctions could prove ineffective if rising oil prices largely make up for any lost Iran volumes. (Shutterstock)
July 8th, 2018 - 08:27 GMT

Report: Iran Export Curbs to Increase Oil Price to $9 per Barrel

Banks are not funding because they are a risky investment and there is a need to have a separate venture capital or guarantee scheme for them. (Shutterstock)
July 8th, 2018 - 08:21 GMT

Default Rate Declined Remarkably Among UAE SMEs

The number of non-Saudi employees fell from 10.42 million at the end of the fourth quarter of 2017 to 10.18 million at the end of the first quarter of 2018. (Shutterstock)
July 8th, 2018 - 08:14 GMT

Almost A Quarter Million Expats Lost Jobs in Q1 in 2018 in Saudi Arabia

Britain, France and Germany along with Russia and China met with Iran in Vienna to offer economic benefits and assurances that would lessen the blow of sweeping US sanctions announced by Trump. (AFP)
July 7th, 2018 - 01:51 GMT

5 World Powers Commit to Iran Deal, Back Oil Exports Despite US Sanctions Threat

Under the deal, Jordan will receive 3 billion cubic metres of gas per year. (Shutterstock)
July 6th, 2018 - 06:30 GMT

Natural Gas From Israel to Jordan in 2020

Naqvi, 57, is currently outside the UAE after the public prosecutor issued a warrant for his arrest. (AFP)
July 6th, 2018 - 06:00 GMT

Abraaj's Founder Nears Out-Of-Court Settlement

The Tripoli railway station, Lebanon, Friday, July 21, 2017. (The Daily Star)
July 5th, 2018 - 12:56 GMT

Turkey Helps Funding Tripoli Train Station Restoration in Lebanon

Prime Minister Omar Razzaz meets with the International Advisory Group in Amman on Thursday. (Jordan Times)
July 5th, 2018 - 12:25 GMT

Jordan Reviews Nuclear Programme Progress With International Advisory Group

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