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Business

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Logistics Business

Global air cargo demand rises 3.8% in October 2023

Middle Eastern carriers record the strongest regional performance International air cargo demand – measured in cargo tonne-kilometres (CTKs) – rose 3.8% in October 2023 compared to October 2022, indicating the third consecutive month of stronger year-on-year demand, according to the latest data released by the International Air Transport Association (IATA).
Business

OECD expects global GDP to grow by 2.9% in 2023, followed by a slight deceleration to 2.7% in 2024

Asia is projected to continue driving the bulk of global growth The latest Economic Outlook issued by the Paris-headquartered Organisation for Economic Co-operation and Development (OECD) expects the global business landscape to experience modest growth amid ongoing challenges, even as the impact of necessary monetary policy tightening, coupled with weak trade and reduced
Business Events GCC UAE

Global investors with $7 billion under management set to finance startups at Super Angels Summit 2023 in Abu Dhabi

Gulf emirate clinches the world’s first and largest angel investment event The UAE has firmly established itself on the global startup map, with the UAE government’s Entrepreneurial Nation initiative seeking to develop 8,000+ startups and SMEs in the Gulf nation by 2030 and setting up 20 startups valued at more than $1 billion by 2031. […]