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IATA expects airline losses in 2022 to slide down to US$9.7bn
Geneva, Switzerland— The International Air Transport Association (IATA) has upgraded its outlook for the airline industry’s 2022 financial performance as the pace of recovery from the COVID-19 crisis quickens. It expects Industry losses to reduce to -$9.7 billion (improved from the October 2021 forecast for an $11.6 billion loss) for...
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Saudis queue up for vaccines as delta variant strikes world with force
Saudis have been queuing up in larger numbers in the last 10 days with the arrival of August 1 deadline, requiring everyone to get one dose of the vaccine. -
CEOs of listed Saudi firms resign in unusual numbers
At least 26 CEOs have resigned from the listed companies of Saudi Arabia in just last six months as the stresses of the Covid pandemic have taken a heavy toll on the mental health.