Category: Business

Air Canada is financially backing a climate solutions company with a $6.75 million investment.

The money is going towards developing technology that captures carbon directly “in an industrial scale “ from the air to fight …

To support its post-pandemic recovery, the German flag carrier is embarking on a huge recruitment drive.

With 2023 shaping up to be even busier than this year, airlines around the world are feeling the pressure …

DOHA, QATAR — QatarEnergy has signed a 27-year deal to supply China’s Sinopec with liquefied natural gas (LNG), the longest such LNG agreement so far as volatile markets drive buyers to seek long-term deals.

Following …

Asiana Airlines improved its quarterly profits, amid an upswing in passenger travel following the easing of domestic and international travel restrictions.

For the quarter to 30 September, the South Korean carrier reported an operating profit …

Responding to Gianni Infantino’s recent comments, Steve Cockburn, Amnesty International’s Head of Economic and Social Justice said:

“In brushing aside legitimate human rights criticisms, Gianni Infantino is dismissing the enormous price paid by migrant workers …

Air France-KLM said on Wednesday it was issuing subordinated bonds convertible into new shares for 300 million euros ($312 million) to strengthen its capital and pay back state aid, sending its shares plummeting.

The shares …

The United States on Wednesday said the attack on an oil tanker off the coast of Oman was most likely conducted by an Iranian drone.

“Upon review of the available information, we are confident that …

London Heathrow said it is seeing the gradual return of business travellers, adding that the strong recovery in the Middle East and Central Asia seen in October is expected to continue into November.

The airport …

HE Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani, Chairperson of Qatar Museums, and HE Mariam bint Ali bin Nasser Al Misnad, Minister of Social Development and Family, yesterday, launched the “Home Grown” initiative …

Etihad Airways, the national carrier of the UAE, is implementing contrail prevention on a special NetZero flight during the COP27 event as part of its continuing partnership with aerospace company Satavia.

The airline is set …

Washington, DC – The US-Qatar Business Council (USQBC) has released a new special edition publication on the occasion of the 50th anniversary of diplomatic relations between Qatar and the United States. The report titled “50 …

Emirates has announced a firm order worth $1.7 billion for five new Boeing 777-200LR freighter aircraft, with two units to be delivered in 2024 and the remaining three units in 2025, taking the airline’s total …

Ryanair on Monday posted its largest ever profit for its key summer season and said it expected very strong passenger and fare growth for years to come as customers switch from higher-cost rivals.

But it …

Work is in full swing on the Kuwait International Airport project with its third package – involving the construction of a new control tower and runway as well as revamp and modernisation of a second …

Qatar Central Bank (QCB) announced in a tweet, through its official account on Twitter, that it will soon launch Himyan card, the first prepaid national payment card with a Qatari brand and the first of …

Qatar Charity (QC) received school bags along with necessary supplies donated by the students of Qatar Academy Msheireb. The school bags will be distributed to orphans and children from low-income families in Qatar.

This donation, …

Minister of Planning and Economic Development Hala El Said said the state has spent dlrs 400 billion on infrastructure to lure in large investments and improve the quality of life for the Egyptians.

The minister’s …

Kuwait-based Jazeera Airways aims to receive up to $2 billion in funding from commercial banks to fund 70% of a deal it has with Airbus to purchase 28 Airbus A320neo family narrow-body passenger aircraft, the …

DOHA, Qatar • QatarEnergy announced an oil discovery in the 4-BRSA-1386D-RJS well in Brazil’s world class Sépia oil field, which is located in the prolific Santos Basin in water depths of about 2,000 meters off …

Qatar, Doha: Bank of Qatar (CBQ) hosted a successful forum titled “World Cup and Similar Global Events – Opportunities and Challenges for Financial Sector”, which was held at Wyndham Hotel, West Bay on Wednesday, October …

The Ministry of Foreign Affairs and International Cooperation hosted a delegation of Kyrgyz business women as part of broader efforts to boost economic and trade cooperation between the UAE and Kyrgyzstan. During the visit, the …

With Latin American air travel outpacing the industry’s global recovery, the region’s commercial fleet is projected to grow by more than 85% over the next 20 years on the strength of domestic and intra-regional travel, …

Kuwait Airways, the state-owned carrier which hasn’t made a profit in more than 30 years, expects losses this year of as much as 60 million dinars ($193m), and to break even in the 2024 fiscal …

Jeddah Airports Company participated in the International Airport Summit 2022, held in London from October19 to 20, with the participation of major international companies specialized in the air transport industry.

CEO of Jeddah Airports Company, …

Seoul, South Korea and a group of Arab countries will negotiate for their free trade deal next week, said Seoul’s trade ministry.

South Korea and the Gulf Cooperation Council (GCC) will begin the sixth round …