Latest news with #AlHilalPublishing
Zawya
2 days ago
- Business
- Zawya
Major surge in Bahrain air traffic
Bahrain recorded a marked increase in air traffic last month, with Bahrain International Airport handling a total of 780,771 passengers. This included 405,263 departures, 374,034 arrivals and 1,474 transit passengers. Aircraft movements reached 8,011 flights, comprising 4,007 departures and 4,004 arrivals. In addition, 40,436 aircraft transited Bahrain's airspace without landing. In the air cargo sector, Bahrain transported 30,351 tonnes of goods and mail. This included 10,909 tonnes of transit cargo, 7,518 tonnes of exports and 11,924 tonnes of imports. According to data from the Transportation and Telecommunications Ministry, Hyderabad in India emerged as the most travelled destination, with 14,133 passengers – a 67 per cent increase. Shanghai, China also witnessed significant growth, with 8,800 passengers, reflecting an 80pc increase. These figures reflect Bahrain's status as a leading logistics hub in the region, it said. Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
2 days ago
- Business
- Zawya
Bahrain issues 4,299 new building permits in H1
Bahraini municipal authorities have announced that a total of 4,299 building permits were issued during the first half of 2025, up 31.5% when compared to last year. The total licensed built-up area amounted to 1.743 million sqm for the first six months, reported The Gulf Daily News, our sister publication. Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
2 days ago
- Business
- Zawya
Saudi oil revenues likely down in Q2: report
Saudi Arabia's oil revenues are expected to be down 16 per cent y-o-y in the second quarter of 2025, according to an Al Rajhi Capital Research report. Oil production averaged around 9.18 mmbpd during the second quarter of 2025, while crude oil prices averaged around $65.2/bbl vis-à-vis $74.3/bbl in the first quarter of 2025, the report said. Brent prices were down in Q2 2025 due to tariff related uncertainty and production increase. The upstream business is expected to be impacted by lower crude oil prices and the possibility of absence of premium over Brent, partly offset by higher production, said the report. On the other hand, downstream business should benefit from the improvement in the refining margins, it said. "In this backdrop, we anticipate Q2 2025 revenues to be down 16% y-o-y (-8% q-o-q). Adjusted profits (income before minority) are also expected to be lower 17.1% y-o-y and 10.4% q-o-q at SAR88.5 billion ($23.6 billion). "Overall, weaker crude oil prices to weigh on upstream performance, albeit partly offset by improvement in downstream owing to better refining margins," it said. Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
3 days ago
- Business
- Zawya
Oman Air achieves threefold increase in point-to-point traffic
Oman Air has seen a significant increase in point-to-point passengers, rising from 75,000 in June 2024 to 200,000 in June 2025, marking a near threefold increase. Point-to-point traffic - passengers flying directly into Oman rather connecting onwards - now accounts for 58 per cent of the airline's total flight loads. Mike Rutter, Chief Commercial Officer at Oman Air, said: 'A core pillar of our strategy is to increase point-to-point traffic; not simply by adding more flights, but by ensuring each flight brings more visitors directly to the country. The growth we have achieved is the direct result of careful route planning, targeted marketing, and a network strategy that prioritises stable demand over aspiration. Our approach not only supports national tourism goals, but also drives a stronger revenue performance for the airline, which in turn will enable us to open new routes sustainably. We remain focused on keeping travel to Oman both accessible and attractive, while delivering on our promise to be an engine of Oman's tourism growth.' Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
3 days ago
- Business
- Zawya
Jazeera Airways offers 100,000 seats on sale
Kuwait low-cost carrier Jazeera Airways has announced a mega sale, offering 100,000 seats for a limited period at competitive fares across its extensive network covering the Middle East, Asia, and Europe. This limited-time sale runs for the next four days starting from today (July 27) and is valid for travel between August 1 and September 30, 2025. One-way flights will be available starting from just KWD14 (BHD17). Paul Carroll, Chief Commercial Officer, Jazeera Airways, commented: 'We are incredibly excited to launch this Mega Sale, designed specifically to broaden travel opportunities and enhance convenience for even more of our customers. By making 100,000 seats available at such remarkable fares, we are actively making the dream of a getaway or an important trip a more attractive and achievable reality." Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
