Search Site

TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

Saudi Arabia, Poland sign agreement on air transport

FOR REPRESENTATION PURPOSE ONLY
  • From the Saudi side, Ali Rajab, Executive Vice President at GACA -Economic Policies & International Cooperation signed the MoU
  • From the Polish side, Piotr Samson, President of the Polish Civil Aviation Authority inked the pact in Warsaw

Saudi General Authority of Civil Aviation (GACA) signed a Memorandum of Understanding (MOU) with Poland to organize the operational framework for air transport between the two countries.

From the Saudi side, Ali Rajab, Executive Vice President at GACA -Economic Policies & International Cooperation and from the Polish side, Piotr Samson, President of the Polish Civil Aviation Authority signed the agreement.

The signing ceremony on Saturday was attended by the Kingdom of Saudi Arabia’s Ambassador to Poland, Saad bin Saleh Al-Saleh at the headquarters of the Civil Aviation Authority in Warsaw.

The MOU includes an agreement to open the skies between the two countries and to sign a draft bilateral agreement on air transport services.

This MOU comes within the objectives of the strategy of the civil aviation sector, which aims to enhance the Kingdom’s air connectivity with over 250 destinations worldwide and to be a global logistics platform.