Indonesia's GMF AeroAsia to open its first Middle East MRO base in Muscat under a 20-year concession
Garuda Indonesia's maintenance arm is opening its first Middle East base in Muscat: GMF AeroAsia will run aircraft maintenance, repair, and overhaul (MRO) at Muscat International Airport under a ...
Egyptian exporters are getting two new routes into the Balkans, DP World has committed to Luanda until 2051, and Saudia is weighing what would be its biggest-ever aircraft order. Our big story today ...
DP World has extended its Luanda concession by a decade and is putting another USD 90 mn into the terminal: The extension keeps DP World at the Port of Luanda's multipurpose terminal until 2051, and ...
More container ships, bulkers, and tankers are heading through the Arctic as traditional chokepoints come under pressure ...
The Tadawul fell 9.2% y-o-y, with September doing most of the damage as regional tensions, a SAMA rate hike and SAR 4.33 bn of ...
Saudia Group is lining up what could be its largest aircraft order yet, with deliveries from 2031 to 2040: The group has settled on the size of the order, Sanjiv Kapoor, Saudia Group’s executive VP of ...
G42's data center arm Khazna is using renewable energy for about 28% of its cooling needs, according to the company’s first environmental and government report out this week. Big plans: Khazna is ...
Issuers are holding out for better levels, but heavy order books and tight spreads show investors aren’t worried about Gulf credit ...
OpenAI says its AI has solved 377 previously unsolved math problems, The New York Times reports , and has released the proofs ...
Abu Dhabi's Technology Innovation Institute (TII) launched its new Falcon-Emirati model this week, trained specifically on the Emirati dialect of Arabic. The 7-bn parameter model is part of a push to ...
OpenAI is in talks with UAE funds to provide up to USD 10 bn to help anchor its upcoming USD 30 bn funding round, Bloomberg reports. Once again, MGX, the AI investment firm set up in 2024 by sovereign ...
On the credit side of things, loan deferrals under the CBUAE’s wartime relief scheme reached AED 15.9 bn by end-Augus t, up from AED 13.5 bn a month earlier, covering nearly 156k customers. We’ll be ...
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