Talabat said the indicative share price of Dhs1.50 and Dhs1.60 per share implies a market valuation of around Dhs37.3bn at the top of the range.
Kudakwashe Muzoriwa is the Online Editor for Gulf Business, a leading business publication covering the Gulf Cooperation Council (GCC) region. His articles focus on a range of topics, including Islamic finance, renewable energy, real estate, aviation, and financial technology, with a particular emphasis on the transformative trends and developments shaping the economic landscape of the GCC.