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).
Abu Dhabi gets AED55 billion boost for 24 infrastructure projects
Abu Dhabi has greenlighted 24 infrastructure projects under a new AED55 billion public-private partnership that will see the development of roads, flood control systems and education campuses among others.
Abu Dhabi aims for 80% local materials in housing projects
Abu Dhabi plans to increase the use of locally manufactured building materials in housing developments to as much as 80 per cent under a new agreement between two government entities.
UAE Central Bank support package reaches AED 6.2 billion
The Central Bank of the UAE (CBUAE) has announced the key outcomes of its comprehensive support package designed to strengthen the resilience of financial institutions.
Dubai Holding picks 15 scale-ups from 1,400+ applicants for sustainability challenge
Dubai Holding, a diversified global investment company with investments in more than 30 countries, has announced the 15 bold scale-ups selected for its 'Innovate For Tomorrow' impact accelerator programme.
ADNOC backs UAE's AED1 billion National Industrial Resilience Fund
ADNOC has become the first partner to support the UAE Cabinet's newly announced AED1 billion National Industrial Resilience Fund (NIRF) following a trilateral agreement signed at the 'Make it in the Emirates' 2026.
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The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.
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Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
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!
