Economy
‘World has no energy problem but lacks supply problem’
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
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’
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
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
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
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
African Energy Week in Cape Town
African Energy Week (AEW) is to be held from October 12-16 in Cape Town. The platform will connect African energy producers, technology firms, financiers and digital infrastructure developers at a pivotal moment for the continent’s industrial future, according to APO. Read More
DHL introduces Heavy Weight Express Service
DHL Express announced the worldwide expansion of its Time Definite International portfolio with the introduction of Heavy Weight Express (HWX), an express air solution for shipments up to 1,000 kilograms per piece and 3,000 kilograms per shipment. With this launch, Read More
IATA releases passenger data
The global passenger demand measured in revenue passenger kilometers (RPK), was up 2.1% compared to March 2025. According to the International Air Transport Association (IATA) that represents over 360 airlines accounting for some 85% of global air traffic, released data Read More
Global military spending rise continues: SIPRI
World military expenditure reached US $2887 billion in 2025, according to new data published today by the Stockholm International Peace Research Institute (SIPRI)-an independent international institute dedicated to research into conflict, armaments, arms control and disarmament established in 1966. An Read More