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UAE investors seeking to purchase shares in Spinneys’ initial public offering (IPO) may commence subscribing today, April 23, with the share price ranging between AED 1.42 and AED 1.53 per share.
Etihad Airways, headquartered in Abu Dhabi, has rebounded to profitability and is actively enhancing transparency, governance, and financial stability in anticipation of a potential initial public offering (IPO), as stated by CEO Antonoaldo Neves.
Abu Dhabi Airport’s Terminal A is set to entice more airlines to initiate flights to the UAE capital while strategically boosting operations to accommodate a projected increase in capacity to 65 million passengers within the next decade, up from the current 45 million. Elena Sorlini, Managing Director and Interim CEO of Abu Dhabi Airports, emphasized efforts to leverage government-to-government relations, particularly targeting Asia and China.