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flag Delivery Hero expands Talabat's IPO to $2 billion, marking the UAE's largest listing this year.

flag Delivery Hero, a German food delivery company, has expanded Talabat's IPO to $2 billion, making it the UAE's largest listing this year. flag Talabat, which operates in eight countries, will sell 20% of its stake. flag The company, valued at $10.2 billion, has seen its valuation drop from an earlier forecast of $14.4 billion. flag Despite this, the listing signals a strong interest in Middle Eastern tech companies and is part of a trend of increased listings in the region.

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