Abu Dhabi has reportedly enlisted banks to assist with the initial public offering (IPO) of Etihad Airways, according to a report by Bloomberg News. This move signifies the Emirati capital's intention to take the national airline public, potentially opening up investment opportunities to the public.
Etihad Airways, based in Abu Dhabi, is a prominent airline known for its luxurious services and global reach. The decision to pursue an IPO could have significant implications for the airline industry and the broader financial market.