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.
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.
He had just returned from a two-month vacation to his home where he attended his sister's wedding
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.
Twenty garment factories have closed down in the last four years, leaving only eight operational
Germany's Nico Rosberg took Mercedes' second successive pole position in qualifying for the Bahrain Formula One Grand Prix on Saturday.
Indians make up the largest expatriate population in Bahrain with more than 300,000 residing in the Kingdom.
Protesters blocked several roads and police fired teargas at a school in Bahrain on Sunday, activists said, as the Gulf state staged a Formula One race promoted by the government as pure sport but seen by the opposition as a public relations stunt.
Formula One tyre suppliers Pirelli have decided against using their soft tyres at this weekend's Bahrain Grand Prix after concern about how quickly they wear out.
'I think the team has obviously done a really, really great job, a lot of hard work, commitment and... things start to click'
Three years after launching its operations in Bahrain, ICICI bank has been granted a full commercial branch license and plans to expand
India and Bahrain on Tuesday signed five agreements, including an extradition treaty that deals with concrete steps to combat terrorism and strengthens bilateral cooperation in control of crime.
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.
Formula One championship leader Sebastian Vettel put Ferrari on pole position for Sunday's Bahrain Grand Prix with team mate Kimi Raikkonen alongside on the front row.
Formula One world champion Sebastian Vettel won the Grand Prix in Bahrain on Sunday while rage boiled beyond the circuit among protesters who say the ruling family that crushed Arab Spring demonstrations last year should not have hosted the race.
The Gulf region is set to gain another financial exchange after Financial Technologies, an Indian trading technology company, announced its plans on Wednesday, to set up an operation in Bahrain next year.
The event witnessed by External Affairs Minister Sushma Swaraj in the Bahraini capital.
Jenson Button won the Bahrain Grand Prix on Sunday for the Formula One championship leader's third victory in four races this season.
Mick Schumacher, son of seven times world champion Michael, made his Formula One test debut with Ferrari on Tuesday at the Bahrain circuit, where 15 years ago his father won the first Grand Prix in the Middle East.
Jointly addressing mediapersons Hyderabad, Capt Christopher, Vice-president Flight Operations, Richard Hrische, Regional General Manager, Asia and Rajeev Nambiar, General Manager, India said that Airlines Network Streteches from Europe to Asia and Hyderabad is the eighth destination in India. The daily non-stop service between Bahrain and Hyderabad will be served by an Air Bus A 320-200 with Buisness and Economic class providing two-way connectivity.
Formula One World champion Sebastian Vettel won the Bahrain Grand Prix for the second year in a row for Red Bull on Sunday to extend his overall lead to 10 points after four races.
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.
Safety fears grew ahead of this weekend's Formula One Grand Prix in Bahrain on Thursday after members of the Force India team were caught up in a petrol bomb incident.
India on Monday told Bahrain that terrorism emanating from Pakistan remains its most important concern and support from across the border has incited the current unrest in Jammu and Kashmir.
There's clearly no limit to how dramatic a wedding can be.
Formula One world championship leader Sebastian Vettel won the Bahrain Grand Prix for Ferrari on Sunday in the German's 200th race start.
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.
Verstappen's father says Red Bull will 'explode' if Horner stays
Brazil shocked and other big upsets at World Cup qualifiers played on Tuesday
Bahrain has paid the hosting fee for this year's Formula One grand prix even though the race was cancelled, commercial supremo Bernie Ecclestone was quoted as saying on Monday.
Bahrain Bay Development, a futuristic residential and commercial project, has signed a letter of intent with an Indian consortium to develop a $150 million project within the Bahrain Bay masterplan.
Stewards said in a statement that the Briton had escaped a more severe sanction "due to the fact that no clear instruction was given to the driver on where he should park the car after qualifying".
The Finn revived Ferrari's spirits with the fastest laps in free practice for Sunday's Bahrain Grand Prix.
Team by team analysis of Sunday's Bahrain Formula One Grand Prix on Sunday.
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.
India's Sameer Verma bagged his second badminton title in a row by clinching the Bahrain International Challenge at Isa Town on Sunday.
Suresh had been hospitalised after meeting with an accident at his workplace. He was finally taken off the ventilator on Saturday after being declared dead.
Sachin Tendulkar will be in the visitors' gallery to watch the Bahrain Grand Prix scheduled to be held next month.
