Saturday 24 February 2018
 
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GCC’s demand for iron, steel casting to grow by 5pc

The GCC’s demand for iron and steel casting is expected to grow by 5 per cent over the next five years, according to a report from Frost & Sullivan, a business consulting firm involved in market research and analysis. Th

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ME carriers see slowdown in air travel demand

Middle East carriers registered the slowest year-over-year traffic growth in November, recording a 4.9 per cent rise in demand compared to a year ago. According to figures released by the International Air Transport Association (I

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Africa’s automotive aftermarket demand to see 9pc growth

Africa is turning into a prized continent for the global automotive aftermarket, as international manufacturers turn their attention to a region where spare parts demand is estimated to grow by 9 per cent annually over the next four years.

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Robust global demand for oil in 2018: Report

Next year likely will see global oil demand expand again by 1.5 million barrels per day and US supply rise by 870,000 barrels per day – although Opec likely will at best maintain the cuts implemented in 2017, resulting in a balanced market

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ME carriers register 6.9pc growth in passenger demand

Middle East carriers experienced a 6.9 per cent rise in demand in October, an improvement from 3.9 per cent recorded in September, figures showed. According to a report released by The International Air Transport Association (Iata

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ME carriers see slowdown in air travel demand

Middle East carriers posted a 3.7 per cet rise in demand in September, the slowest rate of increase since February 2009. Accordiing to figures released by the International Air Transport Association (Iata), the Middle East-US mark

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Strong demand for air cargo to continue in 2018

Stong demand for air cargo which has prevailed for much of the year is expected to continue into 2018, according to a group of international air cargo executives. According to a recent survey of aviation industry chief financial o

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Dubai welcomes over 9m visitors in first seven months

Dubai's visitor numbers have continued to rise at an impressive rate, recording a total of 9.2 million during the first seven months of 2017, a 7 per cent increase on the 8.4 million travellers received in the same period in 2016,  acco

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ME international travel demand up 5.5pc in August

Middle Eastern carriers posted a 5.5 per cent increase in international travel demand for August, well below the five-year average pace of 11.1 per cent, recent data showed. According to data released by International Air Transpor

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ME international travel demand up 4.5pc in July

Middle East carriers posted a 4.5 per cent increase in international travel demand for July, an acceleration from the 3.6 per cent annual growth seen in June, but still well off the five-year average pace of 11.2 per cent, recent data showed.

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