Latest stories about LuLu Group expansion

UAE’s LuLu Group launches 25% stake IPO on ADX, targeting up to $1.8bn

Abu Dhabi
LuLu Group is launching a three-tranche IPO, offering 25% of its stake on the Abu Dhabi Securities Exchange starting 28 October 2024. The retail giant aims to raise between $1.7 and $1.8 billion, with plans to allocate shares to employees and pay a 75% dividend on annual profits.

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Trump says Iran deal could come this weekend

International
Trump says US-Iran negotiations are going very well and a deal could come this weekend, while cautioning it might not happen. Talks back on track.
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Pakistan manufacturing returns to growth as export orders hit 15-month high

Economy
Per a new purchasing managers’ survey released by HBL and S&P, Pakistan’s manufacturing PMI rose to 50.9 in May, returning to expansion as new orders recovered and export orders posted their strongest rise since February 2025.
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Pakistan’s ports see sharp container surge as Gulf disruption shifts cargo routes

Newsroom
Pakistan’s major ports are seeing a sharp rise in container and transshipment activity as Gulf disruption redirects cargo towards Karachi, Port Qasim and Gwadar.
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Iran prepares three-day farewell ceremonies and 24-hour funeral procession for Ali Khamenei

International
Iranian officials are preparing three days of farewell ceremonies and a 24-hour funeral procession for Ali Khamenei, with events expected in Tehran, Qom and Mashhad.
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Trump reportedly rebukes Netanyahu as Israel’s Lebanon escalation threatens US-Iran diplomacy

Analysis
Trump reportedly warned Netanyahu against further escalation in Lebanon as US-Iran diplomacy faced renewed pressure, with Pakistan and Qatar involved in efforts to preserve a fragile regional framework.
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