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USD 98 M fund seeks for Venezuela earthquake recovery

19 Jul 2026 FA News Desk

The International Organization for Migration (IOM) launched a USD 98 million appeal to support families and communities affected by the devastating earthquakes that struck Venezuela on 24 June, causing widespread loss of life, displacement and destruction across the country. So Read More
Sweden contributes USD 1 Million to IOM

11 Jul 2026 FA News Desk

Sweden has contributed (SEK 10 million) that is equivalent to US $ 1million to the International Organization for Migration (IOM). IOM welcomes a flexible contribution from the Government of Sweden, reaffirming a long-standing partnership and a shared commitment to international Read More
Air passenger demand down in May

2 Jul 2026 FA News Desk

International air passengers demand, measured in revenue passenger kilometers (RPK), was down 2.2% compared to May 2025. According to the International Air Transport Association (IATA) that represents over 370 airlines global passenger demand for May 2026 accounting for some 85% Read More
IDA global meet in Tashkent

27 Jun 2026 FA News Desk

The World Bank, in cooperation with the Government of Uzbekistan, will organize a global meeting of the International Development Association (IDA) in Tashkent at the end of 2026. IDA, which is part of the World Bank, provides financial support to Read More
‘World has no energy problem but lacks supply problem’

10 Jun 2026 FA News Desk

The world does not have an energy problem. It has an energy supply problem. As demand rises, populations grow, and billions of people continue to live without reliable access to electricity and clean cooking technologies, the case for producing more Read More
Xiamen Airlines to host 83rd IATA AGM

8 Jun 2026 FA News Desk

The 83rd International Air Transport Association (IATA) Annual General Meeting (AGM) and World Air Transport Summit (WATS) will be held in Xiamen, China, from 30 May to 1 June 2027. The decision to host the 83rd IATA AGM in China Read More
‘Middle East war hits air passenger demand in April’

29 May 2026 FA News Desk

The International Air Transport Association (IATA) in its report released data for April 2026 global passenger demand has stated that Middle East War leads to 3.4% fall in air passenger demand in April. Total demand was down -3.4% compared to Read More
Global economic outlook slowing down: WEF

28 May 2026 FA News Desk

The global economic outlook has deteriorated sharply in recent weeks, according to the latest edition of the World Economic Forum’s Chief Economists’ Outlook published today. Nearly nine in ten chief economists surveyed expect global growth to weaken over the next Read More
IATA for stronger implementation of global standards, modern GSE, digitalization

20 May 2026 FA News Desk

At the ongoing 38th IATA Ground Handling Conference (IGHC) in Cairo Wednesday, hosted by EgyptAir the International Air Transport Association (IATA) called for stronger implementation of global standards, a transition to modernized ground support equipment (GSE) and greater digitalization in Read More
IsDBI prize for best Islamic economics

13 May 2026 FA News Desk

The Islamic Development Bank Institute (IsDBI), knowledge beacon of the Islamic Development Bank Group, announces that the IsDB Prize for Impactful Achievement in Islamic Economics will be awarded every two years, alternating between the Knowledge Contribution and Development Solutions categories. Read More