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Global airline industry to post $36.6bn net profit in 2025: IATA

The global airline industry is expected to post $36.6 billion in net profits for 2025, a 3.6% net profit margin, despite hit by supply chain issues.    This is a slight improvement from the expected $31.5 bi

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Global public cloud end-user spending to ‘total $723bn in 2025’

Worldwide end-user spending on public cloud services is expected to total $723.4 billion in 2025, up from $595.7 billion in 2024, according to the latest forecast from Gartner, a leading management consultancy.   

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Global semiconductor revenue to ‘grow 14pc to $717bn’ in 2025

Global semiconductor revenue is projected to grow 14% in 2025 to total $717 billion, according to the latest forecast from Gartner. In 2024, the market is forecast to grow 19% and reach $630 billion.   Following

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Global experts line up for RBT Mena Conference

Regional and global experts will discuss key innovations and solutions in transportation infrastructure development at the Roads, Bridges, Tunnels (RBT) Mena Conference taking place from October 21 to 22, 2024 in Dubai.  

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PayerMax, Saudi Awwal Bank to support digital payments

PayerMax, a leading global provider of payment solutions, has partnered with Saudi Awwal Bank to redefine the digital payments landscape and streamline the onboarding experience for local merchants enabling seamless global transactions.

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Saudi fund deploys $20bn globally in 50 years

The Saudi Fund for Development (SFD) has allocated over $20 billion, financing more than 800 development projects and programmes in vital sectors around the world over the last 50 years.    Celebrating its 5

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Saudi fund deploys $20bn globally in 50 years

The Saudi Fund for Development (SFD) has allocated over $20 billion, financing more than 800 development projects and programmes in vital sectors around the world over the last 50 years.    Celebrating its 5

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SPC Free Zone, FedEx to boost global connectivity in Sharjah

Sharjah Publishing City Free Zone (SPC Free Zone) and Federal Express Corporation (FedEx), the world's largest express transportation firm, are allying to enhance global market access for e-commerce businesses in Sharjah. 

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SPC Free Zone, FedEx to boost global connectivity in Sharjah

Sharjah Publishing City Free Zone (SPC Free Zone) and Federal Express Corporation (FedEx), the world's largest express transportation firm, are allying to enhance global market access for e-commerce businesses in Sharjah. 

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Global hunger numbers ‘stubbornly high’ for 3 years in a row

Around 733 million people faced hunger in 2023, equivalent to one in eleven people globally and one in five in Africa, according to the latest State of Food Security and Nutrition in the World (SOFI) report.   

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