The International Air Transport Association (IATA) downgraded its 2025 projections Monday, forecasting fewer than five billion air trips this year compared to the previously anticipated 5.22 billion, as the aviation sector faces mounting economic uncertainties. During IATA’s annual general assembly in New Delhi, the organization revised industry profit expectations to $36 billion, down $600 million […]
Egypt and Italy have inked an agreement for the international transport of goods by towed land vehicles, trailers, and semi-trailers, using roll-on/roll-off (RoRo) line, ‘Arab Finance’ reports citing the Egyptian government. Under the deal, initialed by Minister of Transport Kamel Al-Wazir and Ambassador of Italy to Cairo Michele Quaroni, RoRo is scheduled to start during […]
The statement by Israeli Foreign Minister Yair Lapid at a conference held two weeks ago in Morocco on Algeria’s ties with Iran contains “accurate information,” spokesperson for the Israeli foreign ministry for Arab media Hassan Kaabia said. “Algeria has become, since the beginning of the Arab Spring, a passageway for terrorist movements, at the […]
