Thailand will begin construction on the 290-billion baht ($8.82 billion) U-Tapao aviation city early this year, a government spokesperson said on Friday.The project will generate 15,600 additional jobs in the first five years and drive growth in Thaila…
Caretaker Minister of Energy and Water, Dr. Walid Fayyad, met this morning with Qatari Minister of State for Energy Affairs and CEO of “QatarEnergy” Company, Engineer Saad bin Sherida Al-Kaabi, alongside the Executive Director of the French “Total Ener…
Boeing expects to hire 10,000 workers in 2023 as it recovers from the pandemic and increases jetliner production, but will trim some support jobs, the U.S. planemaker said on Friday. The Arlington, Virginia-based company boosted overall employment by a…
British regional airline Flybe on Saturday ceased trading for the second time in three years, with all flights cancelled and 276 workers made redundant.A statement on Flybe’s website said the airline, which operated scheduled services from Belfast, Bir…
U.S. airlines expect strong travel demand that drove record fourth-quarter revenues to continue into 2023, but economic uncertainty and burgeoning labor and operations costs could cloud their rosy outlooks.On Thursday, American Airlines (AAL.O), JetBlu…
DOHA, Qatar- Qatar Energy entered into agreements with the Government of Lebanon, TotalEnergies and Eni to become a partner in two exploration blocks offshore the Republic of Lebanon.Pursuant to the terms of the agreements signed in Beirut today, Qatar…
Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced its partnership with China-based UnionPay International (UPI), one of the largest card payment organizations in the world, allowing UnionPay’s contactless cards to be accepted on all…
Lebanon witnessed today a historic event represented in holding the official signing ceremony of the “amending annexes to the Exploration and Production Agreements in Blocks 4 and 9”, on the occasion of “Qatar Energy” Company’s joining as a partner wit…
Paris, TotalEnergies and Eni have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon. The agreements were endorsed in Beirut on January 29, during a ceremony attended by His Excellency Dr. Wal…
The second round of negotiations on the Free Trade Agreement between the State of Qatar and the Kingdom of Morocco took place during the period January 22 to 23, 2023, at the headquarters of the Ministry of Commerce and Industry in Doha.The State of Qa…
British airline EasyJet hiked Wednesday its annual profit outlook after record January demand and falling losses in the three months to December.”Based on current high levels of demand and strong bookings, EasyJet anticipates beating the current market…
Airbus is tempering the pace of planned production increases due in part to the limited availability of engines for new airplane production, industry sources said.The planemaker, which softened output goals last month, now expects to reach an interim p…
Boeing Co losses widened for 2022 on weakness in its defense unit as it warned of further supply chain issues, but the U.S. planemaker reported its first yearly positive cash flow since 2018.The U.S. planemaker missed Wall Street expectations on revenu…
The industry believes some issues must be addressed to ensure a smooth roll out and avoid disruptions for air passengers.ACI Europe, IATA, A4e, and ERA have welcomed the move to defer the implementation of the entry-exit system (EES), a new smart borde…
Baghdad, The work of the Iraqi-Qatari Forum was launched in the city of Erbil, with the participation of a group of local and Qatari companies alike.The Supervisor of the Qatari Trade Forum, Nizar Kazali, said in a statement today: We have communicatio…
DOHA, Qatar • Qatar Energy honored the dedication, commitment, and long service of 238 employees, who have reached career milestones of 30, 35, 40, and 45 years of service.The “My Legacy” ceremony, which was held under the patronage of His Excellency M…
Doha, Qatar: The Commercial Bank (P.S.Q.C.) (“the Bank”), its subsidiaries and associates (“Group”) announced today its financial results for the year ended 31 December 2022. The Group reported a net profit of QAR 2,811.1 million as compared to QAR 2,3…
Doha, Qatar: Commercial Bank has held a media roundtable discussion on Tuesday, January 24th, 2023, where local media representatives were invited to announce the 2022 end of year financial results, the Bank’s achievements throughout the year, along wi…
Airbus said it was seeking outside investment for its high-altitude surveillance and communications drone programme Zephyr, in a bid to scale the business and accelerate its commercialization.The solar-powered Zephyr drone is designed to linger at an a…
Qatar Development Bank (QDB) has launched the Green Financing program for supporting eco-friendly projects, as part of national business ecosystem. The program covers a wide range of sectors and small and medium enterprises (SMEs) manufacturing green …
Seoul, Jan. 21 (BNA): South Korea’s exports fell 2.7 percent on-year in the first 20 days of January, data showed Saturday, due mainly to weak semiconductor shipments. The country’s outbound shipments stood at US$33.6 billion in the Jan. 1-20 period, c…
The European aviation industry is being increasingly exposed to rising levels of risk, as criminals, hackers and state-sponsored cyber-attackers look to exploit vulnerabilities, cause chaos, and above all, fill their pockets at the expense of the aviat…
The Civil Service and Government Development Bureau (CSGDB) has announced the findings of the joint report with the Ministry of Labour (MOL) on recruitment statistics in the government and private sectors during 2022. Recruitment statistics – according…
The International Air Transport Association (IATA) has completed the annual revision of its air transport industry manuals for cargo, ground handling, and operations, thus incorporating the updates made to industry standards over the past year.These re…
Deutsche Lufthansa AG is close to making an offer for Italy’s ITA Airways under a deal that would likely see the German airline eventually take full ownership of the successor to Alitalia, according to people familiar with the matter.After extensive st…
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