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ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

Aramco-Horse Powertrain deal completed

An agreement for the purchase of 10% equity stake was signed in June 2024.

Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

Saudia raises seat capacity by 10%

Saudia offered over 3.2 million seats for domestic flights through 17,600 flights. (Saudia)
  • This would be a 10 percent increase in the number of seats on a year-on-year (YoY) basis, the airlines said in a statement.
  • Saudi Arabian Airlines said that more than 4.2 million seats would be added to international flights.

RIYADH, SAUDI ARABIA –  State-owned Saudi Arabian Airlines (SAUDIA) announced that 7.4 million seats would be allocated to domestic and international flights in July and August.

This would be a 10 percent increase in the number of seats on a year-on-year (YoY) basis, the airlines said in a statement.

Saudi Arabian Airlines said that more than 4.2 million seats would be added to international flights.

This would be a 16 percent rise in the number of seats in international flights. The number of international flights would also rise 15 percent to 14,800 flights, the statement said.

The national carrier offered over 3.2 million seats for domestic flights through 17,600 flights.