The Los Angeles Post
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Today: March 17, 2025
Today: March 17, 2025
Federico Maccioni

Federico Maccioni

Staff Writer

Latest From Federico Maccioni

Asia|Business|Finance|MidEast|Travel|World

Airlines face overflight payment risks as planes divert over Afghanistan

Airlines are turning to a network of third parties to pay fees to Afghan authorities as

Airlines face overflight payment risks as planes divert over Afghanistan
Business|Economy|Finance|MidEast

UAE's FAB prepares overhaul, picks Citi veteran as new investment banking head, sources say

First Abu Dhabi Bank (FAB) is planning to split its operations into four new divisions in a bid to strengthen its business in the Gulf and boost shareholder

Business|Economy|Europe|MidEast

ADNOC and OMV to merge petrochemical firms to create $60 billion giant

Abu Dhabi National Oil Company and Austria's OMV will merge their polyolefin businesses to create a chemicals powerhouse

ADNOC and OMV to merge petrochemical firms to create $60 billion giant
Business|Economy|Finance|MidEast|Travel

Etihad profit more than triples to almost $500 million ahead of expected IPO

Etihad Airways more than tripled its net profit last year to $476 million, the carrier, which sources say is set for an initial public

Etihad profit more than triples to almost $500 million ahead of expected IPO
Asia|Business|MidEast|Technology|US|World

OpenAI's Altman to stop in Abu Dhabi for MGX fundraising talks, sources say

OpenAI CEO Sam Altman plans to visit the United Arab Emirates this week to discuss raising funds with Abu Dhabi investment group MGX, two

OpenAI's Altman to stop in Abu Dhabi for MGX fundraising talks, sources say
Business|Economy|Finance|MidEast|Stock Markets

Etihad to sound out investors as Gulf carriers race towards IPOs

Etihad Airways and flynas are gearing up to list on local stock markets this year, marking the first IPOs by Gulf

Etihad to sound out investors as Gulf carriers race towards IPOs
Business|Sports

Emirates airline announces sponsorship deal with NBA

Emirates airline has forged a multi-year sponsorship deal with America's NBA basketball league, it said on Thursday, as the carrier seeks to raise its profile in

Emirates airline announces sponsorship deal with NBA
Business|Economy|Finance|Technology

Stablecoin Tether gets boost as dollar alternative in emerging markets, CEO says

Stablecoin Tether's recent growth is being driven by its use as an alternative to the U.S. dollar in emerging markets, rather than by demand for cryptocurrency

Stablecoin Tether gets boost as dollar alternative in emerging markets, CEO says
Business|Technology|US

UAE and US to seal more AI deals, UAE minister says

The United Arab Emirates and United States will invest more in artificial intelligence as part of a strategic partnership, the UAE's state minister for AI Omar

UAE and US to seal more AI deals, UAE minister says
Business|Finance|Stock Markets

Saudi Arabia plans Aramco share sale as soon as June, sources say

Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco as soon as June in what would be one of the region's

Saudi Arabia plans Aramco share sale as soon as June, sources say
Business|Finance|Stock Markets

Etihad Airways plans IPO no earlier than 2025, sources say

Abu Dhabi's Etihad Airways plans to make its stock market debut no sooner than 2025, two people familiar with the

Etihad Airways plans IPO no earlier than 2025, sources say
Business|Finance

PGIM opens Abu Dhabi office, joining money managers' rush to UAE capital

PGIM, the investment management arm of U.S. insurer Prudential Financial, has opened an office in Abu Dhabi, it said on Thursday, joining a slew of money

PGIM opens Abu Dhabi office, joining money managers' rush to UAE capital
Business|Finance

General Atlantic plans Abu Dhabi office by year-end, sources say

General Atlantic plans to open an Abu Dhabi office by the end of the year and move a dealmaker from London as an inaugural

General Atlantic plans Abu Dhabi office by year-end, sources say
Business|Finance

Dubai and Abu Dhabi race to lure world's wealth managers

Abu Dhabi is emerging from Dubai's shadow as it attracts its own share of asset managers' and billionaires wealth, helping

Dubai and Abu Dhabi race to lure world's wealth managers
Economy|Finance

Saudi Arabia pushes ahead with economic transformation, minister says

Saudi Arabia is "doubling down" on its multi-billion dollar plan to overhaul its economy and cut the kingdom's dependence on oil

Saudi Arabia pushes ahead with economic transformation, minister says
Business|Economy

Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say

Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject to prioritize completing elements essential to

Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say
Business|Economy|Finance

Rothschild opens wealth management office in Dubai to tap wealth influx

Rothschild & Co has opened a wealth management office in Dubai to boost its offering to local clients as well as wealthy individuals in the region, it said on

Business|Travel

Emirates Airline says 'wings clipped' by Boeing delays

Emirates Airline is a "frustrated entity" because of a lack of planes, the carrier's president said on Wednesday, adding that it would now have an 85-strong

Business|Economy|Finance|MidEast|World

US private credit firm Golub Capital to set up base in Abu Dhabi

U.S.-listed direct lender and private credit manager Golub Capital is opening an office in the UAE's capital Abu Dhabi, it said on Monday, joining dozens of

Business|Crime|Economy|Finance|MidEast|Technology

Binance still to choose location for global headquarters, CEO Teng says

Cryptocurrency exchange Binance has yet to decide where to base its global headquarters, its CEO told Reuters on Monday, years after it flagged a decision

Binance still to choose location for global headquarters, CEO Teng says
Americas|Business|Economy|Finance|MidEast

Crypto firm Tether and its founders finalizing move to El Salvador

Cryptocurrency firm Tether plans to move its headquarters to El Salvador, its chief executive said, as the founders of the world's biggest stablecoin look to

Crypto firm Tether and its founders finalizing move to El Salvador
Business|Economy|MidEast|Political|Technology|US

Emirati billionaire and Trump ally sees more Gulf investments into US under new president

Emirati billionaire Hussain Sajwani said on Friday he expects more investments from the oil-rich Gulf into the U.S. as President-elect Donald J.

Emirati billionaire and Trump ally sees more Gulf investments into US under new president

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