Middle Eastern carriers experienced a 5.3% year-on-year demand increase, with capacity rising 5.6%. The July load factor was 85.5%, reflecting
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Oman Investment Authority (OIA) recently signed strategic agreements with Burkina Faso, expanding its global investment footprint. The pacts target energy,
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Oil prices dipped on Friday, influenced by weaker demand in the U.S. and increased supply from OPEC+. Brent crude settled
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Spirit Airlines will file for bankruptcy for the second time in a year but will continue operations. After its initial
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Asyad Shipping, Oman's state-owned maritime company, plans to invest $2.3 to $2.7 billion in fleet expansion through 2029. CEO Dr.
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The Gulf Cooperation Council Interconnection Authority (GCCIA) participated in the 16th meeting of the Arab League’s Electricity Experts Committee in
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Global equities rose modestly despite pressure on tech shares after Nvidia's results missed expectations. The MSCI World Equity Index gained
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Localisation, including In-Country Value (ICV) development, is pivotal to Oman's green hydrogen ambitions. Rumaitha al Busaidy from Hydrom emphasizes that
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German companies are concerned about the EU-US tariff compromise, with 55% viewing it as a heavy burden on the European
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US tariffs of 50% on many Indian products took effect, doubling previous duties. Trump aims to penalize India for buying
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