{"id":84318,"date":"2025-02-10T00:00:00","date_gmt":"2025-02-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/"},"modified":"2025-02-10T00:00:00","modified_gmt":"2025-02-10T00:00:00","slug":"etihad-airways-could-hit-adx-before-the-end-of-february","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/","title":{"rendered":"Etihad Airways could hit ADX before the end of February"},"content":{"rendered":"

ADQ\u2019s Etihad Airways could float a 20% stake on the<\/strong> ADX as early as this month,<\/strong> Group CEO Antonoaldo Neves told The Sunday Times<\/a>. Etihad reportedly kicked off its IPO roadshow last week<\/a>. The offering could see the company raise up to USD 1 bn, implying an overall valuation of USD 5 bn. <\/p>\n

Background:<\/strong> While the offering was initially planned for last year<\/a>, Reuters reported in September<\/a> that the idea to present investors with 2024 financial results, along with geopolitical instability, weighed on the timing. <\/p>\n

IPO + direct listing? <\/strong>While Neves mentioned that this is aimed at raising capital, sources told Bloomberg earlier that the airline is also considering a direct listing. \u201cI can say that Etihad is ready. Any airline in the world that has the aspiration to grow and be influential \u2014 they need to tap into different sources of capital,\u201d Nevedes said. <\/p>\n

SOUND SMART-<\/strong> A direct listing allows all shareholders to execute transactions on their shares, ultimately providing more liquidity to shareholders. <\/p>\n

A first in almost two decades: <\/strong>If Etihad manages to ring the bell this month, it would beat Saudi Arabia\u2019s budget airline Flynas to become the region's first airline listing since Kuwait\u2019s Jazeera Airways\u2019 IPO in 2008. Flynas is expected to receive final approval from the Capital Market Authority soon to take a 30% stake public, the company\u2019s CEO Prince Al Waleed Bin Talal said last month<\/a>.<\/p>\n

ADVISORS- <\/strong>ADQ reportedly tapped<\/a> Abu Dhabi Commercial Bank, Bank of America, BNP Paribas, and Morgan Stanley as joint bookrunners for the IPO, with HSBC Holdings, First Abu Dhabi Bank (FAB) and Citigroup said to be acting as financial advisors.<\/p>\n

IN OTHER IPO NEWS- <\/p>\n

Oman Investment Authority subsidiary Asyad Shipping will reportedly set an indicative <\/strong>price range for its IPO next week<\/strong>, IFR<\/a> reports citing bankers it says are involved in the transaction. Asyad is gearing up to float at least a 20% stake<\/a> on the Muscat Stock Exchange (MSX) with an option to upsize to 23%. The USD 376 mn secondary offering could value Asyad shipping at USD 1 bn. Regulatory approvals and delays in securing cornerstone investments are reportedly slowing down the process, though exact dates remain fluid, the sources said. <\/p>\n

What\u2019s next? <\/strong>Bookbuilding for the potential IPO is scheduled to begin this month, with the listing anticipated in early March. The offering will be available in two tranches with 75% allocated for qualified institutional investors \u2014 out of which 30% are earmarked for anchor investors \u2014 and the remaining 25% pegged for retail investors. <\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS: Oman\u2019s Asyad Shipping will reportedly set an indicative price range next week for its anticipated IPO<\/p>\n","protected":false},"author":1,"featured_media":84319,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[229],"tags":[274,352,145,157,636,228,714,160,142,31,129],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-84318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-watch","tag-adq","tag-asyad","tag-aviation","tag-etihad-airways","tag-flynas","tag-ipo-watch","tag-jazeera-airways","tag-kuwait","tag-oman","tag-saudi-arabia","tag-uae","wpautop","entry"],"acf":{"mongo_id":"f4c496c8-8364-4aa2-b451-60211702ee4f","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/844.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Etihad Airways could hit ADX before the end of February","related_issue":[84313],"teaser":"PLUS: Oman\u2019s Asyad Shipping will reportedly set an indicative price range next week for its anticipated IPO","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.0d4583ea-44b5-426f-b5e1-80f038e3e0b7.mp3"},"yoast_head":"\nEtihad Airways could hit ADX before the end of February - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Etihad Airways could hit ADX before the end of February\" \/>\n<meta property=\"og:description\" content=\"PLUS: Oman\u2019s Asyad Shipping will reportedly set an indicative price range next week for its anticipated IPO\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/\" \/>\n<meta property=\"og:site_name\" content=\"Logistics\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-10T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/844.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Etihad Airways could hit ADX before the end of February\",\"datePublished\":\"2025-02-10T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/\"},\"wordCount\":417,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/844.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ADQ\",\"Asyad\",\"AVIATION\",\"Etihad Airways\",\"Flynas\",\"IPO WATCH\",\"Jazeera Airways\",\"Kuwait\",\"Oman\",\"Saudi Arabia\",\"UAE\"],\"articleSection\":[\"IPO Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/\",\"name\":\"Etihad Airways could hit ADX before the end of February - Logistics\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/844.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-02-10T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/844.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/844.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/logistics\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Etihad Airways could hit ADX before the end of February\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"name\":\"Logistics\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\",\"name\":\"Logistics\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/29618.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/29618.svg\",\"caption\":\"Logistics\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Etihad Airways could hit ADX before the end of February - Logistics","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/","og_locale":"en_US","og_type":"article","og_title":"Etihad Airways could hit ADX before the end of February","og_description":"PLUS: Oman\u2019s Asyad Shipping will reportedly set an indicative price range next week for its anticipated IPO","og_url":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/","og_site_name":"Logistics","article_published_time":"2025-02-10T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/844.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Etihad Airways could hit ADX before the end of February","datePublished":"2025-02-10T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/"},"wordCount":417,"publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/844.jpg?fit=%2C&ssl=1","keywords":["ADQ","Asyad","AVIATION","Etihad Airways","Flynas","IPO WATCH","Jazeera Airways","Kuwait","Oman","Saudi Arabia","UAE"],"articleSection":["IPO Watch"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/","url":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/","name":"Etihad Airways could hit ADX before the end of February - Logistics","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/844.jpg?fit=%2C&ssl=1","datePublished":"2025-02-10T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/844.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/844.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/10\/etihad-airways-could-hit-adx-before-the-end-of-february\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/logistics\/"},{"@type":"ListItem","position":2,"name":"Etihad Airways could hit ADX before the end of February"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/logistics\/#website","url":"https:\/\/enterpriseam.com\/logistics\/","name":"Logistics","description":"","publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/logistics\/#organization","name":"Logistics","url":"https:\/\/enterpriseam.com\/logistics\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/29618.svg","contentUrl":"https:\/\/ent.news\/internal\/29618.svg","caption":"Logistics"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/844.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/844.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/844.jpg?fit=%2C&ssl=1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts\/84318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/comments?post=84318"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts\/84318\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue\/84313"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media\/84319"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media?parent=84318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/categories?post=84318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/tags?post=84318"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/brand?post=84318"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=84318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}