Shares of a vegan burger maker have soared on their Wall Street debut.
Stocks for Beyond Meat closed up 163 per cent on its first day of trading.
Shares started at AED 91 (USD $25) each at the start of trading.
At one point on Friday they touched AED 264 (USD $72) before closing at AED 241 (USD $65.75)
The day’s developments means that the California company is now valued at close to AED 14 billion (USD$ 3.8 billion).
Awqaf Abu Dhabi, LuLu Group launch AED100m projects for orphans
Abu Dhabi’s Endowments and Minors’ Funds Authority has signed an agreement with LuLu Group International to develop commercial projects worth AED100 million, with the returns aimed at supporting orphans in the UAE.
Alabbar shares he has 'no concerns' on UAE property market
Emirati businessman Mohamed Alabbar has stated that he has "no concerns" about the property market in the UAE amidst the ongoing regional developments.
UAE banking sector continues to operate without disruptions: CBUAE Governor
Banks, financial institutions and insurance companies across the UAE continue to operating normally, without disruptions, confirmed Khaled Mohamed Balama, Governor of the Central Bank of the United Arab Emirates (CBUAE).
All terminals at Jebel Ali port operating normally: DP World
Dubai's DP World has announced that all terminals at Jebel Ali port are operating normally, adding that it is continuously monitoring developments in close coordination with relevant authorities.
UAE, Japan conclude CEPA negotiations to strengthen economic ties
The UAE and Japan have agreed on the final provisions of a Comprehensive Economic Partnership Agreement (CEPA).
