The social networking site reportedly plans to add about 85 million shares to its IPO, floating about 422 million shares in total, and and could raise up to $16 billion from the issue.
If Greece leaves the Euro next month the impact will be indirect but significant for the Gulf. Oil prices, local markets and investor confidence will all be affected, say experts.
Saudi Arabia’s new open skies policy could have a damaging impact on the country’s national carrier, Saudi Arabian Airlines (Saudia), according to industry experts.
Gulf Business rounds up the top five publicly listed UAE real estate companies that posted the highest profit gains during the first quarter of the year.
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