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ACI World releases Airports Economics Report for 2021Airports Council International (ACI) World has published its 2023 edition of the Airport Economics Report and Key Performance Indicators (KPIs), presenting a comprehensive view of the airport industry’s financial performance for 2021. More… |
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Airports log 4.6bn passengers globally in 2021; up 28.3%The world’s airports accommodated 4.6 billion passengers in 2021, representing an increase of 28.3% from 2020 or a drop of 49.5% from 2019 results, said the Airports Council International (ACI) World in a new report. The top More… |
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Bahrain records 'world’s fastest recovery in tourism'Bahrain has recorded the world’s fastest tourism recovery rate of 95% since the pandemic, with its 2021 tourist numbers reaching 3.8 million, a new research report said. However, its 2021 tourism revenue of $1.8 billion is o More… |
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New capacity for green energy hits record high in 2021New capacity for generating electricity from solar, wind and other renewables increased to a record level worldwide in 2021 and will grow further this year as governments increasingly seek to take advantage of renewables’ energy security a More… |
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Ransomware hits on businesses up 78% in 2021: reportAbout 66% of businesses worldwide were hit by ransomware in 2021, marking a 78% increase from 2020 figures that stood at 37%, according to new data presented by Stockapps.com, a leading financial educational hub. From the analysis More… |
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Ajman Chamber membership tops 58,000 during 2021Ajman Chamber of Commerce and Industry (ACCI) witnessed growth in the total number of registered members during 2021, as the total number of members reached 58,038 members, compared to 36,000 during 2020, with a growth rate of 7 percent. More… |
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FDI inflows into UAE surge 3.9% in 2021 to top $20bnThe foreign direct investment (FDI) inflows to the UAE recorded a 3.9% growth in 2021 compared to 2020 to reach nearly AED76 billion ($20.7 billion), resulting in the total FDI balance to hit AED630 billion ($171.6 billion), marking a 13.7% year More… |
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Saudi Arabia real GDP grows 6.7pc in Q4 2021Saudi Arabia’s real Gross Domestic Product (GDP) grew by 6.7% in Q4 2021 compared to Q4 2020. This positive growth was to a large extent due to the increase in oil revenues (+10.9% y-o-y), said Al Rajhi Capital Research. More… |
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Saudi Arabia real GDP grows 6.7pc in Q4 2021Saudi Arabia’s real Gross Domestic Product (GDP) grew by 6.7% in Q4 2021 compared to Q4 2020. This positive growth was to a large extent due to the increase in oil revenues (+10.9% y-o-y), said Al Rajhi Capital Research. More… |
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Jazeera shareholders approve 32% dividend for 2021Jazeera Airways’ shareholders have approved the Board of Directors’ recommendation to distribute 32% in cash dividend, the equivalent of KD7 million ($22.9 million) for the year ended December 31, 2021. The company hel More… |
