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Etihad Airways posts record 1Q earnings
Cargo revenue increased by 8% y-o-y, reaching AED 958 mn on the back of improved cargo yields
Flynas priced its IPO at SAR 80 per share, amid massive investor demand
The institutional tranche of the offering was 100x oversubscribed
TODAY: Flynas IPO priced at top of range + Shipbuilding updates from UAE
What we’re tracking this morning regionally and around the world
Updates on aviation and investments from Oman, Egypt, and KSA
Stories on our radar this morning from around the region
More aviation and supply chain agreements from Make it in the Emirates
Some 115 mn cf/d will go towards Pupuk’s methanol plant while the remaining 85 will be allocated to its ammonia…
Updates on warehouses, shipping, aviation, and trade from Algeria, Saudi, and UAE
Stories on our radar this morning from around the region
UAE, US ink USD multi-bns data centers, aviation agreements
The new agreements bring the total investments Trump has secured during his regional visit to USD 2 tn
Saudi, US sign another round of agreements in aviation, data centers, and last-mile delivery
The Kingdom tapped several US-based firms including Amazon, Qualcomm Technologies, Supermicro, Parsons, and Bechtel
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