Browsing: Global

DOHA, Qatar – Wednesday, 20. May 2026 (GLOBE NEWSWIRE) — Qatar Airways Group today announced a post-tax profit of QAR 7.08bn (US$ 1.94bn) for financial year 2025/26. The results demonstrate a robust performance against a final month impacted by significant geopolitical events, reaffirming its position as one of global aviation’s most resilient Groups. Throughout financial year 2025/26, the Group continued to develop, innovate and provide world-class services and experiences to passengers and businesses. The airline carried more than 41.8 million passengers, maintaining extensive global connectivity through Hamad International

Global initiative supports innovators working to expand access and improve learning outcomes at scale Doha, Qatar – 11 May 2026: The World Innovation Summit for Education (WISE), a global initiative of Qatar Foundation, has officially opened applications for the 2026-27 cycle of the WISE Prize for Education, a program that funds and offers technical support to the world’s most promising solutions to education’s hardest challenges. Each cycle selects a cohort of finalists through a rigorous, multi-stage evaluation process. Each finalist receives USD 100,000 to 125,000 in development funding and enters a structured 12-mo

Doha, Qatar, 3 May 2026- Education Above All (EAA) Foundation, a global foundation for education and development, participated in a series of high- level engagements in Paris under the French G7 Presidency, contributing to international discussions on the future of development finance and the growing role of philanthropy in advancing sustainable and inclusive development. EAA Foundation Chief Executive Officer Mr. Mohammed Al Kubaisi participated as a featured speaker in the official high-level side event of the G7 Development Ministerial Meeting, titled Strategic Partnerships for a Renewed Development Paradigm: Engaging Philanthropy in Bl

With the official launch of the platform developed by the International Padel Federation (FIP), the FIP Foundation Course – Level 0 of the FIP Coaching Programme – is now available online, marking a key milestone in the development of a high‑level global education pathway for padel coaches. The journey towards modern and accessible training in the world of Padel has taken its first significant step. Following the initial announcement, the FIP Academy official platform is now live https://fip-academy.com/ FIP Academy reflects FIP’s commitment to establishing a unified global standard of preparation, enabling coaches a

Third consecutive year securing the prestigious global title Doha, Qatar – 23 April, 2026: Dukhan Bank has been named “World’s Best Islamic Private Bank” by Global Finance magazine as part of its World’s Best Islamic Financial Institutions 2026 awards, marking the third conseutive year the Bank has received this prestigious global recognition. This achievement reflects Dukhan Bank’s continued strength in delivering personalized private banking services, supported by deep market insight and innovative product offerings. Recognition over three consecutive years highlights the Banks ability to consistently evo

EU Must Review EU ETS to Support Competitiveness as Aviation Decarbonizes 24 March 2026 (Geneva) – The International Air Transport Association (IATA) calls for the review of the European Union’s Emissions Trading System (EU ETS) to enhance European air connectivity and economic resilience by improving the competitiveness of Europe’s air transport industry. IATA calls for the review to: Ensure full implementation of CORSIA for all international flights, including flights within the European Economic Area (EEA) routes. To prevent market fragmentations, the EU should avoid regional derogations, additional eligibility hurd

17 March 2026 (Geneva) — The International Air Transport Association (IATA) released its Long‑Term Demand Projections (LTDP) for air travel, showing that global air passenger demand is expected to more than double by 2050. Under the mid‑range scenario, demand is forecast to reach 20.8 trillion revenue passenger kilometers (RPKs), based on a compound annual growth rate (CAGR) of 3.1% (2024-2050) from the 9 trillion RPKs seen in 2024. A higher growth scenario would see a 3.3% CAGR with passenger demand reaching 21.9 trillion RPKs in 2050. A lower growth scenario would see 2.9% CAGR with passenger demand reaching 19.5 trilli

0 March 2026 (Geneva) – The International Air Transport Association (IATA) released its 2025 Annual Safety Report demonstrating a solid year of safety performance with the following highlights: The all-accident rate of 1.32 per million flights (one accident per 759,646 flights) was better than the 1.42 recorded in 2024 but slightly above the 2021-2025 five-year average of 1.27. There were 51 accidents in 2025 among 38.7 million flights. That is fewer than the 54 accidents among 37.9 million flights in 2024, but above the 2021-2025 five-year average of 44 accidents. There were eight fatal accidents in 2025. That is more than the seve

11 March 2026 (Lima) – The International Air Transport Association (IATA) highlighted three priorities for the global air cargo industry: Accelerating digitalization Strengthening global standards Enhancing safety and security “Air cargo plays a critical role in connecting businesses to global markets and keeping supply chains moving, even as the operating environment becomes more complex. With so many external events impacting global supply chains—including the tariff and geopolitical shocks—it is important that we work on building resilience in areas we can control or influence. Working together to strengthen

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