Company Insights Flynas Aviation Flynas News Analysis Aviation Etihad IPO likely to attract ‘significant’ investor interest Abu Dhabi-owned Etihad Airways is likely to attract “significant” investor interest if and when it sells shares in an initial public offering expected in March in the first Gulf Arab airline IPO in almost 20 years, analysts have said. Owned by Abu Dhabi sovereign wealth fund ADQ, the airline may raise as much as $1 […] February 28, 2025 Aviation Flynas secures $132m to acquire 3 A320neo aircraft Saudi low-cost carrier Flynas has secured a sharia-compliant loan of SAR495 million ($132 million) to acquire three Airbus A320neo aircraft, the airline said in a statement. The funding has been provided by Bank AlJazira, which trades on the Saudi stock exchange, the statement said. The new aircraft are expected to support Flynas’s network coverage, improve operational […] February 28, 2025 Opinion Aviation Aircraft shortages lead Gulf carriers to brace for disruption The global aviation industry is feeling the weight of supply chain disruptions February 10, 2025 Markets IPO for Saudi poultry producer Entaj off to a flying start The initial public offering (IPO) of Saudi Arabian poultry producer Entaj is already oversubscribed, barely 24 hours after the book-building exercise began. Starting the exercise on Sunday and pricing the shares at between SAR46 and SAR50 each, the books were covered “within hours”, CEO Raja Alharbi told AGBI. The IPO could raise more than SAR450 […] February 10, 2025 Aviation Jazeera Airways to cut costs and double passengers by 2029 Kuwait’s Jazeera Airways plans to add more seats to its aircraft, expand its fleet and cut costs as part of a new five-year strategy to almost double the number of passengers in 2029. Adding seats this year will raise the average number per aircraft to 180 by the third quarter, the airline CEO Barathan Pasupathi […] February 6, 2025 Markets Derayah raises $400m ‘in minutes’ on day 1 of IPO book-building The book-building phase of Derayah Financial’s initial public offering attracted massive demand on its first day, with institutional investors quickly covering subscriptions. The Saudi online brokerage offered 49.9 million shares on Sunday to investment funds, qualified foreign companies and institutions, as well as Gulf and foreign investors, as part of an IPO book-building that is […] February 3, 2025 EXCLUSIVE Markets AlMajal AlArabi considers listing on Saudi Arabia’s Tadawul Saudi Arabia’s AlMajal AlArabi Group (MAG) is considering an initial public offering on the Tadawul main market and has appointed Riyad Capital as an adviser, people familiar with the plans told AGBI. The Riyadh-based facilities management and construction company is exploring a share sale as Saudi Arabia’s infrastructure and services sectors expands, driven by multi-billion-dollar […] January 31, 2025 Aviation Saudi budget airline Flynas expects IPO approval soon Saudi low-cost carrier Flynas is likely to get approval soon from the market regulator for its planned listing on the Riyadh stock exchange. Talal Al Maiman, CEO of the airline’s part-owner Kingdom Holding, said in an interview with Al Arabiya TV at the World Economic Forum that Flynas planned to list 30 percent of its […] January 23, 2025 Opinion Aviation An ambitious year ahead for Gulf aviation New airlines, routes and aircraft will increase competition across the industry and widen consumer choice December 31, 2024 Sustainability Saudi Arabia’s carbon market to finance climate projects Saudi Arabia has launched a carbon trading market that will help provide financing for climate projects. The Regional Voluntary Carbon Market Company’s (RVCMC) voluntary carbon market exchange platform has more than 2.5 million tonnes of carbon credits for auction, it said in a statement. Buyers can obtain carbon credits from 17 climate projects from around […] November 12, 2024 Posts navigation Previous 1 2 3 4 … 6 Next
Analysis Aviation Etihad IPO likely to attract ‘significant’ investor interest Abu Dhabi-owned Etihad Airways is likely to attract “significant” investor interest if and when it sells shares in an initial public offering expected in March in the first Gulf Arab airline IPO in almost 20 years, analysts have said. Owned by Abu Dhabi sovereign wealth fund ADQ, the airline may raise as much as $1 […] February 28, 2025
Aviation Flynas secures $132m to acquire 3 A320neo aircraft Saudi low-cost carrier Flynas has secured a sharia-compliant loan of SAR495 million ($132 million) to acquire three Airbus A320neo aircraft, the airline said in a statement. The funding has been provided by Bank AlJazira, which trades on the Saudi stock exchange, the statement said. The new aircraft are expected to support Flynas’s network coverage, improve operational […] February 28, 2025
Opinion Aviation Aircraft shortages lead Gulf carriers to brace for disruption The global aviation industry is feeling the weight of supply chain disruptions February 10, 2025
Markets IPO for Saudi poultry producer Entaj off to a flying start The initial public offering (IPO) of Saudi Arabian poultry producer Entaj is already oversubscribed, barely 24 hours after the book-building exercise began. Starting the exercise on Sunday and pricing the shares at between SAR46 and SAR50 each, the books were covered “within hours”, CEO Raja Alharbi told AGBI. The IPO could raise more than SAR450 […] February 10, 2025
Aviation Jazeera Airways to cut costs and double passengers by 2029 Kuwait’s Jazeera Airways plans to add more seats to its aircraft, expand its fleet and cut costs as part of a new five-year strategy to almost double the number of passengers in 2029. Adding seats this year will raise the average number per aircraft to 180 by the third quarter, the airline CEO Barathan Pasupathi […] February 6, 2025
Markets Derayah raises $400m ‘in minutes’ on day 1 of IPO book-building The book-building phase of Derayah Financial’s initial public offering attracted massive demand on its first day, with institutional investors quickly covering subscriptions. The Saudi online brokerage offered 49.9 million shares on Sunday to investment funds, qualified foreign companies and institutions, as well as Gulf and foreign investors, as part of an IPO book-building that is […] February 3, 2025
EXCLUSIVE Markets AlMajal AlArabi considers listing on Saudi Arabia’s Tadawul Saudi Arabia’s AlMajal AlArabi Group (MAG) is considering an initial public offering on the Tadawul main market and has appointed Riyad Capital as an adviser, people familiar with the plans told AGBI. The Riyadh-based facilities management and construction company is exploring a share sale as Saudi Arabia’s infrastructure and services sectors expands, driven by multi-billion-dollar […] January 31, 2025
Aviation Saudi budget airline Flynas expects IPO approval soon Saudi low-cost carrier Flynas is likely to get approval soon from the market regulator for its planned listing on the Riyadh stock exchange. Talal Al Maiman, CEO of the airline’s part-owner Kingdom Holding, said in an interview with Al Arabiya TV at the World Economic Forum that Flynas planned to list 30 percent of its […] January 23, 2025
Opinion Aviation An ambitious year ahead for Gulf aviation New airlines, routes and aircraft will increase competition across the industry and widen consumer choice December 31, 2024
Sustainability Saudi Arabia’s carbon market to finance climate projects Saudi Arabia has launched a carbon trading market that will help provide financing for climate projects. The Regional Voluntary Carbon Market Company’s (RVCMC) voluntary carbon market exchange platform has more than 2.5 million tonnes of carbon credits for auction, it said in a statement. Buyers can obtain carbon credits from 17 climate projects from around […] November 12, 2024
