Bloomberg Saudi Arabia’s crown prince insisted the plan to sell shares in oil giant Aramco will go ahead, promising an initial public offering (IPO) by 2021 and sticking to his ambitious view the state-run company is worth $2 trillion or more. “I believe late 2020, early 2021,” he said, discussing the timing of the IPO in an interview at the ...

DUBAI / WAM Emirates won the Aviation 100 ‘Middle East & Africa Airline of the Year’, awarded by Airline Economics magazine. The Aviation 100 awards recognise aviation’s most outstanding performers, as well as the most innovative and successful finance and leasing deals closed in last 12 months. The awards were held during the Airline Economics Growth Frontiers Dubai 2018 conference ...

ABU DHABI / WAM Abu Dhabi National Exhibitions Company (Adnec) will host more than 10 leading regional and international events across key sectors at its Abu Dhabi and Al Ain venues, during the month of October, which are expected to attract thousands of visitors, exhibitors and industry professionals and leaders. Commenting on the announcement, Humaid Matar Al Dhaheri, Group CEO ...