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).
du reports AED732 million Q3 profit
Emirates Integrated Telecommunications Company PJSC (du) announced its financial results for the third quarter of 2025 on Thursday, reporting strong revenue growth and solid profitability across its key business segments.
Nakheel unveils premium waterfront villas at Palm Jebel Ali
Nakheel, a member of Dubai Holding Real Estate, has announced the launch of an exclusive collection of waterfront villas at Palm Jebel Ali, marking a new chapter in the evolution of Dubai’s most ambitious island development.
Dubizzle Group delays planned IPO on Dubai Financial Market
Digital classifieds leader Dubizzle Group has postponed its planned initial public offering (IPO) on the Dubai Financial Market.
Marjan, RAK Hospitality Holding announce landmark merger
A major strategic merger is set to reshape the future of development and tourism in Ras Al Khaimah.
UAE unveils plan to build next generation of Emirati family entrepreneurs
A new national initiative is set to train 1,000 Emirati entrepreneurial families across the UAE in business and project management.
