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).
Paramount gets court green light on Warner Bros deal
A US judge has entered an order on Wednesday allowing Paramount to close its $110 billion acquisition of Warner Bros., ending a months-long holdup, as the company named Mattel's Ynon Kreiz as co-CEO to help run the combined business.
Google announces Gemini 4 flagship AI model after months of delays
Alphabet's Google has announced a new top-tier artificial intelligence model to anchor its Gemini 4 generation of models on Wednesday in a fresh bid to catch up to rivals Anthropic and OpenAI in the AI race.
UAE budget strategy targets efficiency and future readiness
The UAE General Budget Committee has reviewed the draft federal budget framework for the 2027-2029 fiscal period as part of preparations for the government's next medium-term strategic plan.
Aldar, Arada sign AED15 billion partnership for Abu Dhabi developments
Aldar and Arada have signed a AED 15 billion partnership to develop premium residential communities in Abu Dhabi's Yas Island and Seih Sdeirah.
H.H. Sheikh Mohammed issues decree on board of Investment Corporation of Dubai
In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued a decree forming the Board of Directors of the Investment Corporation of Dubai (ICD).
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What exactly is underwater hockey? How is it played?
