Emirates says it could be listed in Dubai, CNBC Arabiya TV reports
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[CAIRO] Emirates airline chairman Sheikh Ahmed bin Saeed Al-Maktoum said on Monday it was possible to list the carrier or its subsidiaries on the Dubai exchange, CNBC Arabiya TV reported.
He said such a decision would have to come from the Dubai Securities & Exchange Higher Committee chaired by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the deputy ruler of Dubai.
Sheikh Ahmed also said that the Dubai state-owned airline returned to profitability in October. He added that the carrier's focus remains on increasing passenger numbers through Dubai airports, and that there is currently no need for any financial support from the Dubai government and that tapping the sukuk market is an option if needed.
REUTERS
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