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Etihad Cargo achieves double-digit growth in H1 2024

August 14, 2024 Web Desk 0

ABU DHABI: Etihad Cargo, the cargo and logistics arm of Etihad Airways, has reported significant growth in H1 2024. The carrier reported a 17% increase in tonnage from H1 2023 to H1 2024. This robust performance underscores Etihad Cargo’s commitment t…

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Bayanat reports revenue of AED273 million in H1 2024

August 14, 2024 Web Desk 0

ABU DHABI: Bayanat (ADX: BAYANAT), a leading AI-powered geospatial solutions provider, today announced its continued solid financial results for the first half of 2024.

Over the first half of 2024, Bayanat’s revenue reached AED273 million, an 18% inc…

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UAE IPOs raise $890 million in Q2 2024

August 14, 2024 Web Desk 0

ABU DHABI: Initial public offerings (IPOs) in the UAE markets raised US$890 million in the second quarter (Q2) of this year, according to a recent economic report.

The PwC Middle East’s latest IPO+ Watch said that notable IPOs in the second quarter i…

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First KRCS relief plane departs for Sudan

August 14, 2024 Web Desk 0

KUWAIT, The Kuwait Red Crescent Society (KRCS) announced on Wednesday the departure of the first aid plane as part of Kuwait’s humanitarian air bridge.

The aircraft, equipped by the KRCS, is loaded with 10 tons of aid materials, including protective …

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Kuwait oil price up to USD 81.26 pb

August 14, 2024 Web Desk 0

KUWAIT, The price of Kuwaiti oil went up USD 1.31 pb to reach USD 81.26 pb on Tuesday, compared to USD 79.95 pb on Monday, according to Kuwait Petroleum Corporation (KPC) on Wednesday.

On a global scale, the Brent crude futures’ contracts went down U…

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KUNA interns get acquainted with KRCS field training

August 14, 2024 Web Desk 0

Photo feature by Sara Safar KUWAIT, As part of its internship program for college students, KUNA took its interns on a field training trip to Kuwait Red Crescent Society (KRCS), to get acquainted with the workflow of the society.

The interns intervie…