Thursday 28 March 2024
 
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ME carriers see 6.6pc growth in air freight

Middle Eastern carriers posted the fastest growth in air freight of any region in September 2018, with an increase in demand of 6.6 per cent compared to the same period a year earlier, according to figures released by the International Air

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Global steel demand to rise 2.1pc this year

The global steel demand will reach 1,657.9 million tonnes in 2018, an increase of 2.1 per cent over 2017, a World Steel Association (worldsteel) report said. In 2019, it is forecasted that global steel demand will grow by 1.4 per

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Global steel demand to rise 2.1pc this year

The global steel demand will reach 1,657.9 million tonnes in 2018, an increase of 2.1 per cent over 2017, a World Steel Association (worldsteel) report said. In 2019, it is forecasted that global steel demand will grow by 1.4 per

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Iraq’s demand for dairy products to grow by 8pc

The demand for dairy products in Iraq is expected to rise at a compound annual growth rate (CAGR) of 8 per cent by 2025, according to a recent study conducted by Frost & Sullivan, a business consulting firm involved in market research and an

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Dubai hotels’ demand, supply up; ADR down

Dubai hotels witnessed significant growth in demand (room nights sold) in July, but performance levels remained low due to pressure from increased supply, a report said.   The absolute average daily rate (ADR) le

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Abu Dhabi hotels record strong demand growth

Abu Dhabi's hospitality sector recorded strong demand growth and lower rates in June, according to STR's preliminary data for the month. Based on daily data from June, demand for hotels increased 10.9 per cent in June, the

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Emirates grounds 20 aircraft during 'slow' month

Dubai-based Emirates has grounded 20 of its planes due to a seasonal slump in demand from Gulf travellers during the Ramadan period, a report said. According to a report in

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ME air freight demand soars 7.3pc in April

Middle Eastern carriers posted the second fastest year-on-year growth in freight volumes in April 2018, up 7.3 per cent, a significant jump from the 0.8 per cent recorded in previous month, according to data released by the International Air Tra

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RJ wet leases three planes to handle increased demand

Royal Jordanian has leased three aircraft for a limited period to cater to the growth in demand during this peak season, which usually sees huge traffic to/from Jordan and growth in transit passenger numbers. The three airplanes h

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ME passenger demand accelerates in March

Middle East carriers’ traffic jumped 10.7 per cent in March, much improved from the 4.1 per cent year-over-year increase recorded in February, reflecting healthy growth in the market between the Middle East and Asia. Accordi

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