Browsing: Percent

First-quarter turnover reaches AED 1.8 billion; seat load factor rises to 86% with 4.7 million passengers carried. Doha-Qatar May 15, 2026: Air Arabia (PJSC), the first and largest budget carrier operator in the Middle East and North Africa, today announced its financial and operational results for the first quarter ending March 31, 2026. Air Arabia reported a net profit of AED 278 million for the first quarter ending March 31, 2026, representing a 22 percent decline compared to AED 355 million recorded in the same period last year. This drop was driven by the impact of the ongoing conflict in the region, which resulted in a sharp

Qatar Tourism and Visit Qatar delivered a strong performance and sustained strategic momentum in 2025, reinforcing Qatar’s position as a year-round tourism destination. Total visitor arrivals grew 3.7 percent to 5.1 million, with the country welcoming 674,000 visitors in December, a near 16 percent increase on the same month a year earlier, driven by major international events, including the FIFA Arab Cup Qatar 2025™. The hospitality sector delivered solid growth across all key indicators. 10.8 million room nights were sold, up 8.6 percent compared to 2024, while total accommodation revenue reached QAR 8.3 billion, representing