Talabat Holding, a Middle Eastern food delivery company, launches IPO with a market cap of up to $10.15 billion.

Talabat Holding, a leading MENA food delivery platform, has announced its IPO on the Dubai Financial Market with a share price range of AED 1.50 to AED 1.60, totaling a market cap of around $9.51 billion to $10.15 billion. The subscription period runs until November 27 for retail investors and November 28 for professionals, with shares expected to start trading on December 10. The IPO is Shariah-compliant and has attracted strong investor interest.

November 19, 2024
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