Lulu Retail announced on Wednesday that its initial public offering (IPO) was oversubscribed 25 times across all tranches, excluding cornerstone investors, generating demand exceeding $37 billion-a record for a private sector IPO in the United Arab Emirates. The company is controlled by Kerala-based business tycoon MA Yusuff Ali. The final offer price for Lulu shares was set at AED 2.04 per share, raising a total of $1.72 billion (AED 6.32 billion), making it the largest IPO in the UAE in 2024 to date.
Max Verstappen put Red Bull on pole position for Formula One's season-opening Bahrain Grand Prix on Saturday, with seven times world champion Lewis Hamilton alongside on the front row for Mercedes.
'He needs to see results while he is in office.'
Japan's march to the 2026 World Cup continued on Tuesday as Hajime Moriyasu's side handed China a 3-1 defeat in Xiamen while Iran eked out a late 3-2 win over Kyrgyzstan and South Korea were held to a 1-1 draw by Palestine.
Olympic champion Winfred Yavi of Bahrain won the 3,000 metres women's steeplechase in impressive fashion at the Rome Diamond League meeting on Friday, coming agonisingly close to breaking the World record with the second-fastest ever time.
Indonesia forward Bambang Pamungkas's second-half strike gave the Asian Cup co-hosts a 2-1 victory over Bahrain in a lively Group D opener on Tuesday.
At Srinagar's famed Lal Chowk, Rediff.com's Syed Firdaus Ashraf meets a computer engineer who drives an auto for a living and discovers that Kashmiris are more interested in finding jobs than discussing the assembly election.
The protest has been admitted by the jury of appeals which will give a ruling at 10am (local time) on Wednesday.
The facelift for the Shreenathji temple in Manama will kick off later this year.
He's handsome, he's talented, he has a huge fan base and he's been making his presence felt in the BB house from the moment he stepped in.
Brazil shocked and other big upsets at World Cup qualifiers played on Tuesday
Triple Formula One world champion Lewis Hamilton smashed the Bahrain circuit lap record on Saturday to take pole position ahead of Mercedes team mate Nico Rosberg for Sunday's grand prix. The Briton's best lap of one minute 29.493 seconds was the fastest ever at the Sakhir track. Ferrari's Sebastian Vettel and Kimi Raikkonen qualified third and fourth for the second race of the season.
Verstappen's father says Red Bull will 'explode' if Horner stays
India and Bahrain firms have formed a JV to provide solutions for telecom infrastructure.
Young Indian shuttler Pratul Joshi clinched his maiden international title by notching up a hard-fought win over Aditya Joshi in the $17,500 Bahrain International Challenge badminton final at Segayya in Bahrain.
Seven time world champion Michael Schumacher, still in a coma in a French hospital after a skiing accident in late December, is to have the first corner of Bahrain's Formula One circuit named after him.
Bahrain has of late emerged as a regional hub for banking because of low tax rates and easy regulations. At present, 409 banks and financial institutions have operations there.
"Stephen Abraham of India, caught in a crossfire in Bahrain, loses his life. Our Emb (embassy) in touch with Bah. (Bahrain) authorities who are cooperative," an official spokesperson in the Ministry of External Affairs said in New Delhi.
Swaraj is in Bahrain for a two-day visit to attend the first ministerial meeting of the India-Arab League Cooperation Forum to be held on Sunday.
Formula One world champion Sebastian Vettel won the Bahrain Grand for the second year in a row for Red Bull on Sunday to extend his overall lead to 10 points after four races.
Joseph Francis A Pereira, a citizen of Pakistan who currently resides in Cansaulim, south Goa, is the first in the state to be given an Indian citizenship certificate.
Reader Naveen Behnal sent us this picture from Bahrain.
An Indian man was killed and another injured as five explosions rocked parts of Bahrain's capital Manama on Monday, also claiming the life of another Asian, as the country grappled with growing political and ethnic unrest.
Renault's Chinese test driver Guanyu Zhou won a virtual Bahrain Grand Prix on Sunday as Formula One sought to entertain fans with esports action in a season stalled by the spreading coronavirus. The first seven rounds of the real championship have been cancelled or postponed, including the showcase Monaco Grand Prix, and it remains to be seen how many there will be ultimately.
Kimi Raikkonen's engine caught fire on Friday, forcing him to replace the unit and start Sunday's race 10 places down from wherever he qualifies on Saturday.
Paul di Resta finished fourth with an impressive drive to give Sahara Force India Formula One team the best show so far this season at the incident-filled Bahrain Grand Prix on Sunday.
F1 supremo Bernie Ecclestone gave the new Bahrain International Circuit a ringing endorsement after his first visit to the venue on Monday.
Bahrain Grand Prix organisers summoned support for their troubled Formula One race on Tuesday and said a campaign for it to be cancelled was being driven by 'armchair observers' and 'extremist groups'.
The accused, Abdul Musavir Nadukandee, was arrested after the flight made an emergency landing at the Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai on Saturday, an official from Sahar police said.
Japan coach Takeshi Okada tore into his side after their shock 1-0 World Cup qualifying defeat by Bahrain, describing the loss as a ''nightmare scenario.'' Ala'a Hubail's 77th-minute header gave Bahrain an upset victory in yesterday's game in Manama, sending the home side top of Group Two and leaving Japan three points off the pace.
Indian IT giants like TCS, Infosys and Wipro have decided to call back their employees from Bahrain.
Formula One world champion Lewis Hamilton won the Bahrain Grand Prix for the second year in a row on Sunday with Ferrari's Kimi Raikkonen back on the podium to deny Mercedes another one-two finish under the floodlights.
Bahrain Grand Prix organisers accepted the cancellation of their postponed Formula One race on Thursday after teams objected to it being rescheduled in October.
A high-level Indian parliamentary delegation, headed by Lok Sabha Speaker Somnath Chatterjee, arrived in Bahrain on Thursday.
Renault rookie Heikki Kovalainen escaped unhurt from a 200kph crash in Formula One testing in Bahrain.
Bahrain's monarch on Tuesday declared a three-month state of emergency, amid growing pro-democracy protests in the country, forcing it to invite troops from Saudi Arabia and the United Arab Emirates to quell the unrest.
He had just returned from a two-month vacation to his home where he attended his sister's wedding
A year after a Hamas attack against Israel on October 7 and the ensuing Israeli invasion of the Gaza Strip, India's trade with most West Asian countries has largely escaped any major disruption, except with countries like Israel, Lebanon, and Jordan. However, repeated flare-ups of geopolitical tensions in the region continue to drive up shipping and logistics costs.
