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News analysis

UK’s Kingsway Capital seeks exit from stake in UAE’s AIR as AIR looks to IPO

Written by || 21st July 2023 || News analysis | Major brands | GeographiesAsia Jordan

Dubai-based tobacco company Advanced Inhalation Rituals (AIR) is planning to go public next year and has invited banks to pitch for roles in its initial public offering (IPO), as parent company Kingsway Capital seeks to sell its stake in the firm.

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This article was written by one of TobaccoIntelligence’s international correspondents. We currently employ more than 40 reporters around the world to cover individual nicotine markets.

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