العربية

Business

Business

Indonesian company signs 20-year deal to operate aviation maintenance facility in Oman

Garuda Indonesia's maintenance division, GMF AeroAsia, has signed a 20-year agreement with Oman's Civil Aviation Authority to operate an aviation maintenance facility at Muscat International Airport. This partnership aims to enhance GMF's presence in the Middle East, providing critical maintenance services while fostering knowledge transfer and employment opportunities within Oman.

Arab News

Business

Thailand Prepares to Host IMF-World Bank Meetings

Thailand is preparing to host the IMF–World Bank Annual Meetings in Bangkok from October 12–18, bringing together more than 15,000 participants from 191 countries, including central bank governors, economic policymakers and business leaders, for discussions on the world economy. To ease traffic, Bangkok government offices will work from home on October 12, 14 and 15, while October 13 is an existing public holiday and October 16 has been declared a special government and ⁠bank holiday, with ⁠private companies and state enterprises asked to consider suitable arrangements.

Asharq Al-Awsat English

Business

From Supply Security to Artificial Intelligence: Issues Bringing Global Energy Leaders Together in Riyadh

The global energy sector is turning its attention to Riyadh starting Sunday, as a week of ministerial meetings and international events gets underway, bringing together senior government officials, energy industry leaders, international organizations, and experts, with the participation of Saudi Arabia's Minister of Energy and Minister of Industry and Mineral Resources, Prince Abdulaziz bin Salman, according to the announced program.

Asharq Al-Awsat English

Business

إضاءة دبي

(SeaPRwire) – By: Helena Brooks The irony is staggering. The United States Treasury Department just issued a temporary waiver suspending sanctions on Russian diesel imports, valid until at least April 7, 2027. This move follows President Trump’s announcement of a deal with Moscow after a phone call with Vladimir Putin. For a capital flows […]

إضاءة دبي

Business

Increased vessel attacks drive Hormuz oil exports 'sharply lower', report says

Increased vessel attacks drive Hormuz oil exports 'sharply lower', report says Hormuz oil exports were “sharply lower,” falling to a seven-day average of 9.9 million barrels per day as of October 7, 42 percent below prewar levels and down from about 15.5 million in September, according to Kpler data cited by the Financial Times. Kpler said that flows had recovered to prewar levels in September but "intensified attacks on vessels" had driven exports "sharply lower" this week. Energy analyst Ro…

Middle East Eye

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