Uber shares plummeted on their debut in the stock market.
Shares dropped close to 7.6 per cent on their first day of trading.
Shares ended on $41.51 (AED 152.47) below the company's listing price of $45 (AED 165.29).
Overall, it's clear that the share market listing has failed badly to win over investors.
UAE to get 100 Primary Care facilities by 2030
Aster Clinics UAE has announced plans to expand its network from 85 to over 100 facilities across the UAE by 2030, with a commitment to invest AED 100 million and increase staff strength to 4,100 across the country.
DEWA discusses expanding international operations in UK
Dubai Electricity and Water Authority's (DEWA) international branch visited London this week to meet with senior leadership from ING and Actis.
UAE looks to deepen trade ties with Canada during Toronto visit
The UAE is looking to strengthen trade and investment ties with Canada following a visit to Toronto by Minister of Foreign Trade Dr Thani bin Ahmed Al Zeyoudi.
DEWA International explores partnerships with French energy firms
DEWA International has held talks with several leading French energy companies as it looks to expand its global presence following its launch last month.
UAE, Canada conclude CEPA negotiations
Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, and Maninder Sidhu, Canadian Minister of International Trade, have announced the conclusion of Comprehensive Economic Partnership Agreement (CEPA) negotiations between the two countries.
