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
The UAE Central Bank announced Saturday an inspection of Egyptian state-owned Banque Misr's UAE branches, targeted a day earlier by US sanctions over alleged involvement in financial transactions with Iran.
Iranian leaders are acknowledging the economic toll of war with the U.S., with the supreme leader urging the government to address the hardship and the president saying foreign trade has shrunk by a third due to the American sanctions and blockade.
The U.S. imposed Iran-related sanctions on an Egyptian bank on Friday, part of Treasury Secretary Scott Bessent's campaign to increase economic pressure to try to break a stalemate six months into Washington's war with Iran.
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