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
A drone strike caused a fire at a nuclear power plant in the United Arab Emirates, officials there said on Sunday, while Saudi Arabia reported intercepting three drones, as U.S. President Donald Trump warned that Iran must act "fast" after efforts to end the U.S.-Israeli war with Iran appeared to have stalled.
ADNOC's six listed subsidiaries posted a resilient first quarter, generating combined revenues of $11.8 billion, EBITDA of $3.7 billion and net profit of $2.2 billion, a strong set of numbers for a period marked by extraordinary disruption in the Strait of Hormuz.
A drone strike caused a fire at a nuclear power plant in the United Arab Emirates, officials in Abu Dhabi said on Sunday, at a time when progress appears to have stalled in efforts to end the U.S.-Israeli war with Iran and restart shipping in the Gulf.
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