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%.
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.
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.
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 has been forecast at $60,898 this year and may exceed $70,000 by 2025, researcher FocusEconomics has said in a report.
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.
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.
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 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.
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 Plc followed its Big Oil peers by increasing dividends and share buybacks as higher crude prices boosted profit.