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Brace for a stormy weekend ahead
Plus: Dubai Taxi eyes acquisitions in 2024, and ADQ prepares for an Etihad Airways IPO
Etihad reports fivefold net income growth in 2023 as it eyes profitability ahead of potential IPO
A 40% increase in passenger numbers drove revenue growth
Parkin IPO sells out in minutes
The company is on track to raise up to AED 1.57 bn
Etihad Airways could IPO as soon as this year
Etihad Airways could become the first major Gulf carrier to IPO
Investors are still loving Gulf IPOs
The appetite for Gulf IPOs is still strong: Saudi Arabia’s Modern Mills for Food Products IPOfor 30% of the company…
Dubai’s Parkin to IPO next month
Shares will begin trading on 21 March
Multiply Group acquires BlackLite Media ahead of potential IPO
The company is currently preparing its media vertical for an IPO
Expect at least five more IPOs in the UAE this year
The UAE ranked first in the region in terms of generated proceeds in 2023
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