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IATA Forecasts 7.2 Billion Passengers in 2035

IATA Forecasts 7.2 Billion Passengers in 2035

Jeddah-The International Air Transport Association (IATA) expects 7.2 billion passengers to travel in 2035, a near doubling of the 3.8 billion air travelers in 2016. “Runways, terminals, security and baggage systems, air traffic control, and a whole raft of other...
SAMA: Private Sector Loans Register 8% Rise

SAMA: Private Sector Loans Register 8% Rise

Jeddah- The Saudi Arabian Monetary Agency (SAMA) — Saudi Arabia’s central bank — reported an eight percent increase in gross loans approved by banks financing non-profitable government institutions and the private sector during August. August figures amounted to a...