Bloomberg Saudi Arabia’s main equity index advanced the most in more than a year after the pricing of Saudi Aramco’s initial public offering and amid hopes of higher oil prices. The Tadawul All Share Index rose 2.4%, the most for a session since October 2018. The kingdom raised $25.6 billion from the world’s biggest IPO after selling shares at 32 …

SHARJAH / WAM Air Arabia won another recognition, winning ‘Best Low-Cost Airline’ in Middle East and Africa at AirlineRatings.com Airline Excellence Awards. Judged by seven editors with vast industry experience and evaluate against 12 criterial including fleet age, passenger reviews, profitability, investment rating, product offerings and staff relations, the honour further underlines Air Arabia’s credentials as the first choice for …

Bloomberg HSBC Holdings Plc has begun to reshape top management, laying the groundwork for a new direction under its next boss. The bank is expected to announce the retirement within days of Marc Moses, chief risk officer and board member, said people familiar with the situation, who asked not to be named as the details aren’t public. The qualified accountant …