Transport Muscat airport passenger traffic climbs 19% By Pramod Kumar January 28, 2024, 5:57 AM Creative Commons Aircraft movement increased 15% year on year to 9,233 at the Muscat International Airport in December 2023 Passenger traffic at Muscat International Airport rose to 1.19 million in December 2023, a 19 percent rise compared to 999,935 a year ago. Aircraft movement increased 15 percent year on year to 9,233, Oman Daily Observer reported, citing data from the Civil Aviation Authority (CAA). Freight movement at Muscat airport moved up 0.4 percent annually to 12,961 tonnes. The number of passengers at Salalah Airport increased 16 percent to 112,261 in December 2023 compared to 97,195 in December 2022. Aircraft movement grew 11 percent year on year to 1,010, while freight increased 50 percent annually to 87 tonnes. Carriers in the Middle East saw an 18.6 percent increase year on year in passenger traffic, while capacity jumped 19 percent annually in November 2023, the International Air Transport Association (Iata) said this month. The global trade body said international air travel remained 5.5 percent below pre-pandemic levels in November. “But the gap is rapidly closing. And domestic markets have been above their pre-pandemic levels continuously since April,“ said Iata’s director general Willie Walsh.
Real Estate ‘Safe’ Sharjah attracts Kuwaiti investors to $950m project The emirate of Sharjah has been praised as “safe and business-friendly” by a Kuwaiti developer who has formed a partnership to develop a AED3.5 billion ($950 million) housing project in its burgeoning local property market. Talal Al-Bahar, vice-chairman and CEO of Kuwait Real Estate Company (Aqarat), said that investors were attracted to Sharjah because of […] 23 hours ago
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Manufacturing China’s Geely opens Mena’s first car assembly plant in Egypt China’s Geely Auto has opened its first car assembly plant in the Middle East and North Africa near the Egyptian capital to produce 10,000 vehicles per year for the domestic market and up to 30,000 for export. Cairo-based Auto Mobility company (Geely Egypt), said it has invested around $100 million in the new car assembly […] 1 day ago
