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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The Prosus-backed classifieds firm was planning to list in Dubai in November.
قصص آنية ومفصلة ومكتوبة بعناية من المنطقة
Timely, detailed and well-written stories from the region
In a rather surprising move, classifieds firm Dubizzle has postponed its initial public offering, a day before it was supposed to open the subscription process. The company, which was poised to be one of the most high-profile tech offerings in the Emirates this year, issued a statement late on Wednesday communicating its decision.
“Since announcing its Intention to Float, Dubizzle Group has seen strong engagement and interest from investors, reflecting the Company's market leadership, profitability, and growth prospects across the UAE and Saudi Arabia. However, the Company has decided to postpone its planned IPO and assess optimal timing for the …
آراء حول أحدث التطورات في الأعمال والاقتصاد من محرر الشرق الأوسط
Views on the latest happenings in business and economy from our ME Editor
