Air cargo demand rebounds in 2023 amid economic uncertainty
Geneva, Switzerland-- Air cargo demand rebounded in 2023 with a particularly strong fourth quarter performance despite economic uncertainties, according to...
Business
Saudi envoy to US deplores Western media criticism of women rights in kingdom
Washington D.C., US--– Saudi Arabia's ambassador to the US, Reema Bandar Al-Saud, has expressed disappointment with recent media criticism of...
Geostrategy
Total rebrands as TotalEnergies, adopts new visual identity
TotalEnergies is a broad energy company that produces and markets energies on a global scale The new name and new...
Sharjah schools honored for being sensitive to needs of pupils
The SCFO is an affiliate of the Supreme Council for Family Affairs in Sharjah It launched the project in August...
SFD signs a $10m export financing agreement with the National Bank of Iraq
SFD has signed an export financing agreement with the National Bank of Iraq to provide credit facilities to help...
Al Dahra BayWa opens warehouse in Dubai
Al Dahra BayWa is a pioneer of innovative farming in the UAE The new facility in Dubai will enhance the...
Fellowship seeks applications from UAE youth
Initiative part of efforts to engage youth in Year of the 50th through practical opportunities Applications are accepted from UAE...
Dubai crown prince: Industries emirate’s driving force for productivity, growth
Dubai Industries & Exports to play a key role in making the emirate a hub for future industries, attracting...
Bahrain banks to offer loan repayments delay option
The move will strengthen national efforts to overcome the economic challenges of Covid-19 The option to defer loan repayments...
CrediMax partners with JCB for cashback campaign
The campaign will run till 19 August and is applicable for all CrediMax JCB cardholders Cardholder will have the...
UK to build new ‘national flagship’ to promote post-Brexit trade
The ship will provide a global platform for trade negotiations and British businesses' products The ship's construction likely to begin...
UAE assures cooperation with Latin America, Caribbean during UNSC membership
Ministers Reembint Ibrahim Al Hashemy and Omar Ghobash introduce the country's membership to GRULAC members UAE candidate for the Arab...
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Air cargo demand rebounds in 2023 amid economic uncertainty
Geneva, Switzerland-- Air cargo demand rebounded in 2023 with a particularly strong fourth quarter performance despite economic uncertainties, according to...
Business
Company News
Oman Air Cargo revenue up
Business
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Gulf Hotels Group profit up
Business
Abu Dhabi Oil Company to hike investment in UAE oil sector
Abu Dhabi, UAE--Abu Dhabi Oil Company (ADOC) is planning more investments and expansions in the UAE, according to a senior...
Business
Iran foreign trade posts 4.84% jump to US$54.6bn in last six months
Tehran, Iran-- Iran's foreign trade has registered a 4.84 percent jump to $54.6 billion between March and September this year....
Business
Iraq and Iran review implementation of security agreement between two countries
Tehran, Iran--Iraq and Iran have reviewed the implementation of the security agreement in a meeting between the secretary of Iran's...
Geostrategy
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Business
Libya and Italy sign MoU to boost cooperation in civil aviation
Tripoli, Libya--Libya and Italy have signed an agreement to enhance cooperation to enable air transport companies to operate charter and...
- In September, a Rome-bound aircraft departed from Tripoli restarting flights to Italy after a nearly decade-long suspension due to an EU ban
- The agreement looks to boost cooperation between air transport companies to operate charter and regular flights between the two countries
Geostrategy
Russia plans visa-free travel with Latin American countries
MOSCOW, RUSSIA – A senior Russian official said that they intend to move towards visa-free travel with all countries of...
- The Director of the Russian Foreign Ministry’s Latin American Department said that visa-free travel with all Latin American states is an achievable goal.
- The statement on visa-free travel was made by the senior diplomat on the sidelines of the "Russia - Latin America" conference.
Business
Porsche sales revenue up
The sports car maker posted gains one year after its IPO.
- In the first half of 2023, Porsche posted significant gains in group sales revenue, group operating profit and deliveries
- The sports car maker, after going public, set up individual partnerships in the field of software with Apple and Mobileye