Browsing: Billion

Lusail – Qatar, 12 April 2026: Dukhan Bank convened its Ordinary Annual General Meeting (AGM) on 12 April 2026 via video conferencing through the Zoom application. The meeting was chaired by H.E. Sheikh Abdulla Bin Fahad Bin Jassim Al-Thani, Chairman of the Board of Directors, in the presence of 86.46% of the Bank’s shareholders. During the AGM, all the items on the agenda were discussed, including listening to and endorsing the Board of Director’s Report on the results of the Bank and financial statements for year ended December 31, 2025, and discussion of the plan for the year 2026. The meeting addressed the Dukhan Bank Gove

11 March 2026 (Lima, Peru) – The International Air Transport Association (IATA) today released a report, showing air cargo’s vital role in sustaining global trade and supporting economic growth in 2025 amid severe trade policy uncertainty. Two key report findings are that: Air cargo enabled the frontloading of $157 billion US imports in the first quarter of 2025. Air cargo transported more than two thirds of global AI-related goods in 2025. These activities supported global trade growth of 2.4% in 2025—well above initial forecasts by the World Trade Organization. Global GDP also expanded by 3.2% despite significant po

18 February 2026 (Geneva/Madrid) – The International Air Transport Association (IATA) and the Spanish Airline Association (ALA) called for an annual reduction of 4.9% (excluding inflation) in Spanish airport charges over the next five years (2027-2031), a level compatible with maintaining an airport investment plan of nearly €10 billion over the same period, and enhancing Spain’s economic competitiveness. AENA, the operator of most airports in Spain, has proposed an annual increase of 3.8% (excluding inflation) for the five-year period covered by the Third Airport Regulation Document (DORA III). Airlines reject this proposal, ci

10 December 2025 (Geneva) – The International Air Transport Association (IATA) reported that USD 1.2 billion in airline funds are blocked from repatriation by governments as of the end of October 2025. A marginal improvement of USD 100 million has been made since last reported in April 2025. Out of total blocked funds reported, 93% are trapped in Africa and Middle East (AME). IATA called on governments to lift all restrictions on currency repatriation and allow airlines to access their revenues in U.S. dollars from ticket sales, cargo sales and other activities, as guaranteed in bilateral air service agreements and treaty obligations. Rest