The Foreign Affairs News The Leading News Portal

Economy

‘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
African Energy Week in Cape Town

13 May 2026 FA News Desk

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

13 May 2026 FA News Desk

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

30 Apr 2026 FA News Desk

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

27 Apr 2026 FA News Desk

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
Atlanta is world’s busiest airports

16 Apr 2026 FA News Desk

The Airports Council International (ACI) World has revealed the 2025 rankings of the world’s busiest airports. It may come as no surprise that Hartsfield-Jackson Atlanta International Airport remains the world’s busiest airport for passenger traffic, followed by Dubai International Airport Read More
Women’s economic empowerment in South Asia

6 Apr 2026 FA News Desk

Over the past two decades, women in South Asia have made remarkable strides in education, seen a decline in maternal mortality, and gained greater access to mobile technology. But in one critical area, progress for women remains lackluster: access to Read More