INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Saudi Arabia, China sign agreement on air transport

10 the aircraft are meant for its low-cost airline flyadeal.
  • 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.