Qatar Airways in talks to postpone aircraft purchase
The carrier is in talks with Boeing and Airbus to defer orders for several years...
Tag : Middle East
Abu Dhabi’s state fund Mubadala sells $4 bn in three-tranche bonds
The sale received more than $23.5 bn in orders...
IATA: Average airfare in Middle East to jump by 50%
This is mainly due to the social distancing measures adopted to fight the virus...
Coronavirus pandemic to severely impact the renewable energy sector
China alone supplies more than 50% of solar equipment to the world...
Saudi Arabia ranks 4th in terms of 5G technology use
The Kingdom ranks 10th in terms of internet speed...
Aramco to review SABIC’s price after 40% drop in its value
Last year, Aramco agreed to buy a 70% stake in Saudi Basic Industries Corp (SABIC)...
Adnoc’s digital command centre generates $1 bn in business value
Panorama is a key part of Adnoc’s ongoing strategic investments in digitisation and AI...
MidEast and APAC aviation sector to lose $36.4 bn in revenue
The estimated losses are 10% higher than previously forecasted, according to Airports Council International (ACI)...
Coronavirus pandemic to heavily impact renewable energy projects
The projects are mostly dependent on imports from China, the epicenter of the coronavirus pandemic...
IATA: Oman’s airlines to suffer revenue losses of $724 mn in 2020
Oman's aviation industry could see 4.3 million fewer passengers in 2020...