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Saudi Arabia to sell $12 billion in Saudi Aramco shares
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June 2, 2024June 2, 2024IPOs

Saudi Aramco begins massive share sale to raise around $12 billion

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Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 Building at Stampede Park, on September 18, 2023, in Calgary, Canada.  Artur Widak | Nurphoto | Getty Images Saudi state oil giant Aramco commenced its...

'Get your act together,' Emirates chairman says on Boeing crisis
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May 14, 2024May 14, 2024Earnings

Emirates airline chalks record annual profit as travel demand booms

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An Emirates Airlines plane Karim Sahib | AFP | Getty Images DUBAI, United Arab Emirates — Dubai-based carrier Emirates airline on Monday reported record annual profit of 17.2 billion dirhams ($4.7 billion) for the 2023-2024 financial year, up 63% from the year prior. The flag carrying airline of the UAE’s glitzy commercial capital has enjoyed...