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      Deena Kamel

      Deena Kamel

      Location
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      Articles

      Israel is continuing its bombardment campaign that has devastated buildings and infrastructure in Gaza. Bloomberg
      Palestine economy 'will take years' to recover from Gaza war devastation

      The outlook was grim even before the conflict broke out as it continued to operate 'below potential in 2022', Unctad says

      EconomyOctober 25, 2023
      Akbar Al Baker, Qatar Airways' group chief executive, is stepping down next month after more than a quarter of a century in the position. Reuters
      Qatar Airways' boss Akbar Al Baker to step down after 25 years

      Chief executive will be succeeded by Badr Al-Meer, chief operating officer of Hamad International Airport

      AviationOctober 23, 2023
      The Bank of Israel building in Jerusalem. Reuters
      Bank of Israel holds rates at 4.75 % two weeks after Hamas attack

      Central bank cuts economic growth forecast to 2.3% this year and 2.8% next, down from July estimates of 3% for both years, as war drags on

      EconomyOctober 23, 2023
      Damaged buildings in the southern Gaza Strip. Businesses are expected to suffer severe losses amid the Israel-Hamas war. Getty Images
      Impact of war on Gaza’s economy expected to be 'tragic and tremendous'

      Total daily losses estimated at between $14 million and $20 million as Israel continues its bombing campaign

      EconomyOctober 23, 2023
      The new joint venture between the PIF and Hyundai plans to manufacture 50,000 vehicles a year. AP
      Saudi Arabia's PIF and Hyundai to build $500m car-making plant in kingdom

      The facility will make both internal combustion engine and electric vehicles

      EconomyOctober 23, 2023
      An automated DHL package processing centre in Lod, Israel. The mobilisation of 360,000 reservists into Israeli forces for operations in Gaza comes with a big risk for even the most cutting-edge companies, a report from Moody's Investors Service says. Reuters
      With 360,000 reservists out of action, prolonged Gaza war could threaten Israel's economy

      Ongoing conflict may cost at least $6.7 billion as employers struggle with mass mobilisation

      EconomyOctober 21, 2023
      Rockets are fired from the Gaza Strip toward Israel over destroyed buildings following Israeli airstrikes on Gaza City. AP Photo
      Moody's places Israel's credit rating on review for possible downgrade

      A long-lasting military conflict could have a greater impact on the country's policy effectiveness, public finances and economy, rating agency says

      EconomyOctober 20, 2023
      Emirates airline's president Tim Clark with Berlin mayor Franziska Giffey in Dubai. Photo: Emirates
      Emirates renews long-standing bid for Berlin flights

      Airline boss Tim Clark meets German capital's mayor to discuss city's potential for more international long-haul connections

      AviationOctober 19, 2023
      The Cop28 Business and Philanthropy Climate Forum aims to drive transformative and inclusive climate initiatives for a sustainable future. Photo: EPA
      Cop28 Business and Philanthropy Forum in tie-ups to drive climate action

      The event will explore how the private sector can help bridge the $3 trillion gap in financing required annually to achieve global net-zero emission goals

      Road to Net ZeroOctober 19, 2023
      Abu Dhabi welcomed several high-tech global companies to its smart transport cluster this week. Victor Besa / The National
      Electric car makers NWTN and Pony.ai to join Abu Dhabi's Savi cluster

      Emirate is aiming to become a hub for smart mobility solutions

      TechnologyOctober 18, 2023
      Residential apartment blocks in Tehran. Iran's economy is expected to grow 3 per cent this year but inflation is set to remain elevated at 47 per cent. Bloomberg
      Iran welcomes 'renewable energy investments from all countries’

      Country is open to joint ventures with GCC and Mena neighbours in sectors including water resource management

      EconomyOctober 18, 2023
      Emirates said its latest SAF deal represents the largest volume of the alternative fuel to be used by a Middle East and African airline. Photo: Emirates
      Emirates expands Neste sustainable aviation fuel partnership

      Airline to receive 3 million gallons of SAF in 2024 and 2025 for flights departing from Amsterdam Schiphol and Singapore Changi airports

      AviationOctober 18, 2023
      US company Honeywell expects new private jet deliveries in 2024 to be 10 per cent higher than this year. Photo: Honeywell
      Business jet demand to remain robust over next decade, Honeywell says

      Private jet operators are increasingly focused on reducing their carbon emissions, Honeywell says

      AviationOctober 18, 2023
      A drone developed to carry packages on display at the Smart and Autonomous Vehicle Industry cluster, a strategic Abu Dhabi initiative for the future of transportation. Chris Whiteoak / The National
      Abu Dhabi signs deals with 25 companies to join smart mobility cluster

      Exclusive: The new companies span across sectors including autonomous vehicles, underwater drones, robotics and artificial intelligence, Adio executive says

      AviationOctober 17, 2023
      The UAE is seeking more foreign investment in sectors such as AgriTech, manufacturing, FinTech, education and health care. Photo: Expo City Dubai
      UAE 'safe' for investors despite geopolitical uncertainty in Middle East

      Safety, stability, business-friendly environment and robust growth momentum continue to attract investors to the Arab world's second-largest economy

      EconomyOctober 17, 2023
      More Articles

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