Qatar Airways reports QAR 7 billion net loss for 2019-2020
Qatar Airways has published its Annual Report for 2019-20, highlighting the airline group’s resilience in the face of the most challenging period in global aviation’s history.
Transportation
Nesma, Almabani awarded airport contract
Red Sea Development Company has awarded its largest value contract to date to Nesma and Almabani for airside infrastructure works.
Wallace Weatherill to oversee Dubai Metro, Dubai Tram
Serco Middle East has appointed Wallace Weatherill as its new Managing Director, a role in which he will spearhead the operations of Dubai Metro as well as the Dubai Tram.
Abu Dhabi launches Safeen Feeders Company
Abu Dhabi Ports has launched Safeen Feeders, a new feeder service linking Abu Dhabi to ports serving the UAE, the Gulf region and Indian Sub-Continent.
Emirates Group announces 2019-20 results
Emirates Group announces 2019-20 results, recording its 32nd consecutive year of profit, against a drop in revenue attributed to the impact of COVID-19.
Gulf Air Group Holding increases its stake in Bahrain Airport Services
Gulf Air Group Holding increased its ownership in Bahrain Airport Services, the ground handling services provider at Bahrain International Airport, to 44%.
Dubai Ruler’s companies in JV with marinas operator
Dubai Ruler’s companies Meraas Holding and Dubai Holding have partnered with Turkey’s D-Marin to manage world-class marinas in Dubai.
FLOW Consortium wins the O&M Contract for four Riyadh Metro lines
French rail firm Alstom said its FLOW consortium had won a $2.9bn deal to run the third, fourth, fifth and sixth lines of the upcoming Riyadh Metro.
Bryan Thompson appointed CEO of Abu Dhabi Airports
Abu Dhabi Airports Company has appointed Dubai Airports executive Bryan Thompson as Chief Executive Officer.