DAE posted a US$85.8M Q1 profit, up 26.5% YoY, boosted by aircraft gains, revenue of US$395.9M, and a major acquisition of Nordic Aviation Capital....
Month : April 2025
Emirates and flydubai carried over 5 million passengers in 2024, growing 36% and strengthening Dubai’s position as a global air travel hub....
The European Parliament has backed a major initiative to strengthen EU defence manufacturing and boost weapons supply capabilities....
President Trump’s push to oust Fed Chair Powell drew warnings from CEOs and spurred a brief market rally after his reversal....
WFP warns over 10 million in Ethiopia face hunger as conflict and funding gaps intensify....
Etihad adds four direct Africa routes, increasing frequencies and deepening partnerships with Air Seychelles and Ethiopian Airlines....
Russia’s premier film festival returns, showcasing diverse works from around the world under the leadership of Nikita Mikhalkov....
The Central Bank of Egypt has reduced key interest rates by 225 basis points in April 2025, adjusting deposit, lending, and discount rates to support monetary policy....
IATA projects 5.5% growth in global air cargo for 2025, outpacing GDP and driven by demand, despite fleet delays and geopolitical uncertainty....
Illegal border crossings into the EU fell by 34,000 in Q1 2025, marking a 30% year-on-year drop, with the steepest fall on the Western Balkan route....