Tag: Emerging Markets

Home » Emerging Markets
Saudi Arabia to sell $12 billion in Saudi Aramco shares

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

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

Emirates airline chalks record annual profit as travel demand booms

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...