Indian budget airline IndiGo is set to launch an expected $465 million (AED1.7 billion) initial public offering (IPO) this week. The IPO - India's largest in three years - is expected to open on Tuesday until Oct 29, reports said. Operated by InterGlobe Aviation, IndiGo is the country's largest airline by passenger numbers. It is expecting a valuation of $4 billion (AED14.69 billion) with shares initially priced in the range of Rs 700-765 (AED39.6- 43.2).

Sharjah Ruler approves 2026 general budget of AED 44.5 billion
Andre Agassi to headline 11th Dubai International Project Management Forum
Disney+ joins 1 Billion Followers Summit as strategic partner
China hits US defence firms with sanctions over Taiwan arms sales