Saudi Arabia’s King Khalid airport sets record with 3.9M passengers in July Air travel is a part of the Vision 2030 plan to diversify the economy, though challenges remain in attracting tourists and catching up to other Gulf airports. Saudi Arabia
Mideast airlines see 0.4% dip amid Iran, Gaza wars, as global demand up 2.6% Conflict-related airspace closures and regional tensions disrupted airlines based in the Middle East. Iran
China steps in to help electrify Iran’s railways: What to know Iran’s First Vice President Mohammad Reza Aref met with members of the Iran-China Joint Chamber of Commerce on Monday as ties grow. Iran
Interview Growing Chinese competition in Mideast car market 'key challenge,' Ford says Chinese automotive companies are increasing their market share and are projected to capture 34% of the Middle East and Africa market by 2030, according to one analysis. Ravi Ravichandran President of Ford Middle East and North Africa
Russia, Iran inaugurate Rasht-Caspian Railway: What we know The railway was launched at a ceremony attended by Iran's acting president, Mohammad Mokhber, Minister of Transport and Urban Development Mehrdad Bazrpash, and senior Russian and Azerbaijani officials. Iran
RwandAir CEO says Qatar Airways could acquire 49% stake in July For the past five years, Qatar and Rwanda have been working on a deal that would see Qatar Airways take a 49% stake in RwandAir for an undisclosed fee. Qatar
Analysis Can Gulf investors outstrip China in Africa as UAE expands reach? As the UAE, Saudi Arabia and other GCC states boost investments in Africa,Beijing’s Belt and Road Initiative could face serious challenges. By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Emirates suspends check-in as Dubai airport grapples with flood backlog Amid the devastating floods that have paralyzed the UAE, Emirates suspending check-in for travellers with onward connections through Dubai Friday. United Arab Emirates
UK’s easyJet suspends Israel flights through October after Iran attack Britain’s biggest low-cost airline has suspended all service to Israel following Iran’s unprecedented attack on the Jewish state over the weekend. Israel
How Iran's attack on Israel is disrupting air traffic The weekend's Iranian attack has massively disrupted air traffic across the region. Israel
Gulf firms set sights on Western airports with Investcorp, dnata deals The Emirati sovereign fund Mubadala is also reportedly considering an event in London’s Heathrow Airport — another sign of Gulf interest in the West’s airports. United Arab Emirates
Turkey, UK to begin trade deal talks in June The official talks, set to begin on June 10, were announced following a Thursday meeting between the countries’ trade ministers in London. Turkey
UAE-India ties grow as DP World secures $422M for Gujarat container terminal Intiatives like the India-Middle East-Europe Economic Corridor have seen business deals flourishing between India and the United Arab Emirates. United Arab Emirates
Could Etihad Airways become first Gulf airline to launch IPO? The airline reported on Wednesday that it made a net profit for 2023 and 2022 after a string of substantial losses since 2016. United Arab Emirates
EV charging infrastructure needed to accelerate carbon emission cuts, says DP World The UAE-headquartered company's CEO Sultan Ahmed bin Sulayem told Al-Monitor that the sector could place more emphasis on equipment providers to allow for cost-competitive electric equipment to drive forward decarbonization goals. United Arab Emirates
Tesla, Volvo pause production lines, oil prices up amid Red Sea tension There is a fast-growing list of companies that have had to recalibrate their business strategies while the Red Sea shipping route remains volatile. Yemen
