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's economy leads growth in Gulf region in 2025: IMF
The Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), on Monday, said the UAE economy posted the best performance among GCC countries in 2025.
Nakheel awards contract for Palm Crown development on Palm Jumeirah
Nakheel, a member of Dubai Holding Real Estate, has awarded a AED400 million contract to Shapoorji Pallonji Mideast for the construction of 38 Crown Garden Villas, an exclusive collection of grand residences at Palm Crown on Palm Jumeirah.
DP World to develop strategic border facilities in Afghanistan
DP World has signed a landmark agreement with Afghanistan to develop and operate the country’s most important land border facilities at Torkham and Hairatan.
Maktoum bin Mohammed chairs DREC Board meeting
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Chairman of the Dubai Real Estate Corporation (DREC), chaired a meeting of the DREC Board of Directors, during which he reviewed the 2025 performance of Wasl Group.
Meta delays release of Phoenix mixed-reality glasses to 2027, say reports
Meta is delaying the release of its Phoenix mixed-reality glasses until 2027, aiming to get the details right, Business Insider reported on Friday, citing an internal memo.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
