or 3.49 billion shares, at 1.50 dirhams ($0.41) to 1.60 dirhams apiece, according to a statement Monday that confirmed a Bloomberg News report. The shares are expected to start trading on the Dubai Financial Market on Dec. 10.

Delivery Hero SE’s Middle East unit had demand for all shares in its $1.5 billion Dubai initial public offering minutes after subscriptions opened, in the latest sign of robust demand for regional deals.

The parent of food delivery app Talabat is anticipated to raise AED5.2 billion to AED5.6 billion ($1.4-$1.5 billion) in gross proceeds from its Dubai Financial Market (DFM) listing. The offer period for more than 3.

Rory McIlroy has capped off a tumultuous year with another win in Dubai and another title as Europe's No. 1 player.

Rory McIlroy got emotional as he reflected on finishing up a year where he reversed course on a divorce and got over the hump to win a tournament after facing a lot of adversity on the course.

Rory McIlroy had his family's support during his recent victory — six months after calling off his divorce from his wife, Erica Stoll. On Saturday, November 16, McIlroy claimed the title at the DP World Tour Championship and Race to Dubai,