Middle Eastern carriers have recorded the strongest annual traffic growth globally of 10.5%. That’s according to The International Air Transport Association (IATA) who’ve announced global passenger traffic results for 2015, showing demand rose 6.5%. This was the strongest result since 2010 and well above the 10-year average annual growth rate. As a result, the region’s share of international traffic carried reached 14.2%.
UAE, Montenegro to develop renewable projects under new partnership
Abu Dhabi's Masdar and Montenegro's national power utility Elektroprivreda Crne Gore have partnered to explore ways to develop large-scale renewable energy projects in the Balkan country.
UAE joins US-led Pax Silica initiative to bolster technology supply chain
The UAE has joined the US-led Pax Silica initiative that seeks to secure the AI and semiconductor supply chain, following the signing of a declaration at the Zayed National Museum in Abu Dhabi on Wednesday.
H.H. Sheikh Hamdan hails Dubai Chamber of Commerce growth milestone
Dubai’s economic momentum continues to surge, with the Dubai Chamber of Commerce announcing strong growth figures for 2025.
Netflix prepares all-cash offer for Warner Bros, source says
Netflix is preparing to make an all-cash offer for Warner Bros Discovery's studios and streaming businesses, a source familiar with the matter told Reuters on Tuesday.
UAE, Nigeria sign comprehensive economic partnership agreement
The UAE and Nigeria have signed a Comprehensive Economic Partnership Agreement (CEPA), marking a major step forward in trade and investment relations between the two countries.
