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Economy, Geostrategy

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

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The company posted a net profit of $692m.

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Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

Saudi Arabia, China sign agreement on air transport

10 the aircraft are meant for its low-cost airline flyadeal.
By TRENDS Desk
October 4, 2022 1:50 pm
  • The pact was signed between the Saudi Arabia’s President of the Civil Aviation Authority Saudi Arabia Abdulaziz bin Abdullah Al-Dialej and his Chinese counterpart
  • It aims at increasing the number of air flights and stations and achieving further cooperation in the air transport sectors of the two countries.

Riyadh, Saudi Arabia – Saudi Arabia and China have signed a memorandum of understanding to cooperate in the air transportation services. 

The agreement was signed between the President of the Civil Aviation Authority of Saudi Arabia Abdulaziz bin Abdullah Al-Dialej and his counterpart the President of Civil Aviation of China. 

The MoU was inked on the sidelines of the meetings of the 41st general assembly of the International Civil Aviation Organization (ICAO) in Montreal, Canada, from September 27 through October 7, 2022.

The agreement aims at increasing the number of air flights and stations and achieving further cooperation in the air transport sectors of the two countries.

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