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Saudi Arabia's flynas Plans to Raise $1.1 Billion in IPO
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Saudi Arabia’s flynas Plans to Raise $1.1 Billion in IPO

Saudi Arabian budget airline flynas is planning to raise up to 4.1 billion riyals, equivalent to $1.1 billion, through an initial public offering (IPO) in Riyadh. This announcement was made by the airline on Monday and signifies a significant move in the aviation sector, as it marks the first IPO of a Gulf airline in...