A decision on an IPO is for the shareholder ADQ to make, the CEO of Abu Dhabi's Etihad Airways, Antonoaldo Neves, said on Wednesday.
The airline has been working hard to be ready for an IPO © Mena Today
A decision on an IPO is for the shareholder ADQ to make, the CEO of Abu Dhabi's Etihad Airways, Antonoaldo Neves, said on Wednesday.
The airline has been working hard to be ready for an IPO should its shareholder ADQ decide to list the shares, he added.
Reporting by Alexander Cornwell
Foreign investors returned to the Tel Aviv Stock Exchange in force last month, increasing their holdings despite ongoing conflict in Gaza and heightened regional tensions. Net foreign purchases reached an estimated NIS 2.5 billion ($700 million) in May, with much of the capital concentrated in the banking sector.
In a move that reinforces China’s growing industrial footprint across North Africa, Chinese steelmaker Jingdong Steel has announced a $500 million investment to build a major steel production facility in Algeria.
Israel will not allow a planned meeting in the Palestinian administrative capital of Ramallah, in the occupied West Bank, to go ahead, an Israeli official said on Saturday, after media reported that Arab ministers planning to attend had been stopped from coming.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.