Economy & business news

a

Dubai revives Al-Maktoum International megaproject as airlines report big profits

Dubai has revived plans to turn Al-Maktoum International into the world’s largest airport, pointing to a huge projected upturn in regional carriers’ business in coming decades and the commercial emirate’s determination to counter the challenge posed by regional rivals.

Issue 1187 - 20 May 2024

Pin Kuwait, Saudi Arabia, Oman, United Arab Emirates (UAE)

Pin Banking & finance

Views - Free

Amoudi Aviation

Dubai counters Saudi aviation challenge with airport megaproject’s revival

As the GCC region’s big economic powers vie for global business, Dubai is reviving plans to turn Al-Maktoum International into the world’s largest airport, not least preparing for the challenge posed by Saudi Arabia’s eye-watering aviation strategy. The Dubai megaproject’s revival comes as Riyadh pushes to grab a big slice of the international aviation market – if Saudi carriers can overcome the challenge of securing sufficient planes, pilots and passengers needed to meet the kingdom’s hugely ambitious plans.

Issue 1187 - 15 May 2024

Pin Kuwait, Saudi Arabia, Oman, United Arab Emirates (UAE), Qatar

Latest Economy & business headlines

GSN Risk Management Report special Issue cover, January 2022

Power politics and economic trends in 2022

GSN

Political rapprochement between GCC rivals, along with rich pickings from high oil...
Oman E&P special report

Oman E&P Special Report

GSN

Challenged by years of drift even before Covid-19 had a heavy impact...
Saudi report- The shape of power under King Salman-Oct20

The shape of power under King Salman

GSN

This report presents an editorial pick of GSN's coverage of King Salman...
Anatomy of the Al-Saud

Succession in Saudi Arabia: Anatomy of the Al Saud

Research

Anatomy of the Al Saud: Descendants of King Abdelaziz was updated July...