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Electric aircraft deals take off

Electric aircraft deals take off

All-electric aviation is the future the aviation sector is betting on. Not only will all-electric aircraft produce zero carbon emissions, but airlines hope they will also reduce operating costs by up to 90%, maintenance costs by up to 50%, and noise by nearly 70%.

Middle East 'worst performer' among regions in air passenger traffic in 2020: IATA Aviation Page

Middle East 'worst performer' among regions in air passenger traffic in 2020: IATA Aviation Page

The Middle East region suffered the largest proportion of loss for passenger traffic in 2020 with the region accounting for 76.8mn passengers, a decrease of 67.6% over 2019.

Air cargo leads recovery on favourable supply chain conditions amid challenges

Air cargo leads recovery on favourable supply chain conditions amid challenges

Amid the pandemic-induced challenges, it has been a very good first half for global air cargo, which registered a growth of 8%, its strongest half-yearly performance since 2017.

Qatar bourse key index rises further on buy support

Qatar bourse key index rises further on buy support

An across the board buying – especially in the real estate, industrials and consumer goods – Wednesday lifted the Qatar Stock Exchange by more than 15 points in key barometer and QR4bn in capitalisation.

Qatar’s GDP per capita forecast at $60,898 in 2021: FocusEconomics

Qatar’s GDP per capita forecast at $60,898 in 2021: FocusEconomics

Qatar’s GDP per capita has been forecast at $60,898 this year and may exceed $70,000 by 2025, researcher FocusEconomics has said in a report.

Nakilat join hands with global players to enhance maritime operational performance

Nakilat join hands with global players to enhance maritime operational performance

Nakilat, a global leader in energy transportation; Classification Society DNV; and a group of leading yards and system suppliers have teamed up on a joint development project (JDP) to enhance the software reliability and maintenance during operations in the maritime sector.

Non-resident deposits in banks outpace total deposits: QCB

Non-resident deposits in banks outpace total deposits: QCB

The non-resident deposits in Doha's commercial lenders were seen considerably outpacing the total deposits in the banking system in June this year, according to the Qatar Central Bank data.

QIB second top bank in Qatar, 20th bank in ME

QIB second top bank in Qatar, 20th bank in ME

Qatar Islamic Bank (QIB) was ranked second in Qatar, 20th in the Middle East, and 248th in the world in the 'Top 1,000 World Banks' list, the largest and most important edition of the year in The Banker magazine.

Alibaba sales miss in sign spending has yet to pay off

Alibaba sales miss in sign spending has yet to pay off

Alibaba Group Holding Ltd reported revenue that missed estimates, suggesting plans to hike spending in pursuit of growth have yet to gain traction.

Qatar's PPP law expected to enhance opportunities in various sectors: PwC

Qatar's PPP law expected to enhance opportunities in various sectors: PwC

Qatar’s Public Private Partnership Law, issued in May 2020, is expected to enhance opportunities in various sectors including education, healthcare, real estate, tourism, power and utilities, PwC has said in a report.

SEC poised to support Nasdaq plan to spur diverse boards

SEC poised to support Nasdaq plan to spur diverse boards

Nasdaq Inc is on the verge of securing the SEC’s support to help get more women and minorities on the boards of companies trading on the stock exchange.

BP closes Big Oil earnings season with dividend boost, share buybacks

BP closes Big Oil earnings season with dividend boost, share buybacks

BP Plc followed its Big Oil peers by increasing dividends and share buybacks as higher crude prices boosted profit.

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