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.

McIlroy finished a challenging season in stunning fashion on Sunday by winning the DP World Tour Championship in Dubai, a result that saw him clinch a sixth order of merit.

Rory McIlroy, the four-time major winner, secured his sixth Race To Dubai title on Sunday after winning the season-ending DP World Tour Championship