Europe

Qatar Airways boosts global network with 11 new destinations as demand surges

New flights will connect major cities like Sharjah, Amsterdam, London, Madrid, and Tokyo Narita

Mass flight cancellations as strike affects 13 airports in Germany

Frankfurt Airport saw 94 percent of flights grounded, with 1,054 of 1,116 canceled

GCC inflation reaches 1.7 percent by end of October 2024, reports GCC-Stat

Annual inflation is driven by housing prices up 6.4 percent, goods and services 3 percent, hotels 1.7 percent

Mubadala finalizes sale of stake in U.K. energy transition infrastructure provider Calisen

This transaction highlights Mubadala's strategy of value capture through strategic exits, positioning Calisen for future growth

Emirates introduces retrofitted Boeing 777s to Seoul and London Stansted

The upgraded aircraft from Emirates' retrofit program are now entering scheduled service with enhanced cabins

Oil prices fall to $69.60, near annual lows amid tariff concerns

Attention turns to February's nonfarm payrolls data for insights on the U.S. economy

Saudi Air Connectivity Program introduces direct flights from Stuttgart to Jeddah

This initiative aims to boost capacity for travelers from Europe and the United States to Saudi Arabia

UAE gold prices up AED0.25, global rates rise on dollar weakness

Investors await U.S. nonfarm payrolls data Friday to assess Fed's interest rate strategy

Oil prices rebound after dropping below $70 amid trade, supply concerns

Traders are concerned about U.S. tariffs and rising oil supplies from OPEC+ production increases

Egypt’s foreign reserves soar to $47.39 billion in February

Gold holdings in foreign currency reserves reached approximately $11.851 billion in February, up from $11.416 billion

Saudi PIF inks $3 billion deal with Italian export credit agency

The parties will share expertise and consider SACE's $3 billion support for PIF-led projects

84 percent of women in UAE considering starting their own business, research shows

98 percent of women entrepreneurs expecting revenue growth over the next five years