UAE Tech -

Alpha Data’s IPO Sees Strong Debut, Offering Growth and Income Potential

Shahzaib10 hours ago10 hours ago01 mins

Alpha Data’s shares rose nearly 7% on debut after raising $163 million in its IPO. With a market cap of $408 million, the company is positioned for growth in the digital infrastructure sector. It also announced a high dividend yield of 8.7% for 2025, attracting both growth and income investors.

Space42 Reports Strong Nine-Month Performance Fueled by Bayanat-Yahsat Merger

Shahzaib4 months ago4 months ago02 mins

Space42, the UAE-based space tech company, reported a 17.5% increase in profit for the first nine months of 2024, totaling $118.8 million. The company’s performance was boosted by the merger with Bayanat and Yahsat. Despite a revenue decline, Space42 remains focused on profitable growth and innovation in tech solutions.

M	T	W	T	F	S	S
					1	2
3	4	5	6	7	8	9
10	11	12	13	14	15	16
17	18	19	20	21	22	23
24	25	26	27	28	29	30
31

UMT Launches Pakistan’s First Fully Immersive Virtual Campus in the Metaverse

Turkcell Introduces Wi-Fi 7 Technology to Türkiye, Revolutionizing Internet Connectivity

Synapsia Signs $2.5 Billion Deal to Develop AI-Powered City Management for Abu Dhabi

Alpha Data’s IPO Sees Strong Debut, Offering Growth and Income Potential

Space42 and Viasat Partner to Develop 5G Non-Terrestrial Network

Starlink Partners with Airtel for Entry into Indian Market, Pending Regulatory Approval

Genie Business and Kangaroo Cabs Launch Sri Lanka’s First Tap-to-Pay Taxi-Hailing Service

Saudi Arabia Enhances Global Diplomatic Efforts and Strengthens Women’s Empowerment

Tazah Technologies Evolves from Agritech to Global E-Commerce Leader with Zambeel Launch

Pakistan and China Strengthen Cybersecurity Cooperation with New MoU

UAE Tech

Alpha Data’s IPO Sees Strong Debut, Offering Growth and Income Potential

Space42 Reports Strong Nine-Month Performance Fueled by Bayanat-Yahsat Merger