The global air travel performance in January was up 3.7 per cent year-on-year in line with the recent trend, according to the latest data from the International Air Transport Association (Iata).
Economy class travel drove the rise
Middle Eastern carriers continue to post the strongest growth in freight, a report said, adding that their FTKs (freight-tonne-kilometres) expanded 9.2 per cent in January as compared to same month in 2013.
The capacity of the reg
Last month was the sunniest January in Bahrain since sunshine records began in 1968.
There were 282.9 hours of sunshine, beating the old record of 278.2 hours recorded in January 2001, said a report in the Gulf Daily News (GDN
The Organization of the Petroleum Exporting Countries (Opec's) oil supply has risen this month due to more Angolan exports and steady to higher output in Saudi Arabia and other Gulf producers, a Reuters survey showed, a sign key m
Yemen's Aden Refinery Company (ARC) is seeking 240,000 tonnes of gasoil for delivery in January, a tender document showed on Friday, its first fuel tender since Saudi Arabia suspended most of its financial aid to Yemen.
The official selling price (OSP) for Oman crude in January will drop by $8.72 to $78.24 a barrel, the lowest since November 2010, Reuters calculations based on data from the Dubai Mercantile Exchange (DME) showed on Friday.
Oman plans to release in January a list of state companies which it aims to privatise, Minister for Financial Affairs Darwish Al-Balushi was quoted as saying by state news agency ONA.
"We are a few months away from the announ
Real estate sales in Kuwait during January totaled KD254 million ($893 million), down 20 per cent year-on-year, a report said.
Both the residential and investment segments saw activity slow year-on-year (y/y), while sales in the c
Etihad Cargo, a division of UAE flag carrier Etihad Airways, has posted record monthly uplift figures for January at 32,613 tonnes, a 27 per cent increase on January 2012 (25,600 tonnes).
In its recently announced annual results,
Last month was the fifth hottest January on record in Bahrain, a statement from the Civil Aviation Affairs meteorology directorate said.
The mean temperature for the month was 18.8C, 1.8C above usual, the statement said.