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SE Fruits withdraws IPO application, plans fresh submission with added disclosures
Markets

SE Fruits withdraws IPO application, plans fresh submission with added disclosures

Exporter says revised prospectus will give investors more detail on its transition from a partnership business to a public limited company

UAE court upholds conviction over child’s pool drowning
UAE

UAE court upholds conviction over child’s pool drowning

UAE court upholds conviction of a supervisor over a child’s pool drowning, ruling a duty of care lasts until children are directly handed over.

Saudi Arabia faces economic contraction as IMF projects 3.3 percent GDP drop
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Saudi Arabia faces economic contraction as IMF projects 3.3 percent GDP drop

Saudi Arabia faces an economic contraction this year, the IMF says, with GDP set to shrink 3.3 percent as Houthi attacks and the Hormuz blockade bite.