H.H. Sheikh Mohammed praises Yalla Group for NYSE listing

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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has praised the first unicorn UAE-based technology company to be listed on the New York Stock Exchange.

Sheikh Mohammed highlighted the significance of the move in a social media post.

His Highness said, "Our digital economy is growing and will remain an integral part of our exports globally."

The Dubai Internet City-based Yalla Group is a voice-centric social networking and entertainment platform.

It's the largest company of its kind in the MENA region based on 2019 revenue.

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