AVIATION-

Royal Jordanian + GE Aerospace to collaborate on operational data optimization: Jordan’s flagship carrier Royal Jordanian (RJ) has inked a five-year agreement with GE Aerospace to collaborate on digitization, Jordan Times reports, citing a statement it has seen. The agreement will see GE Aerospace provide RJ with a suite of Software as a Service (SaaS) that is set to optimize the airlines’ operational data analysis to support decision-making on fuel consumption, safety measures, and operational efficiency.

RJ and GE Aerospace are no strangers: Royal Jordanian inked an agreement in November 2024 with GE Aerospace for an order of GEnx-1B engines to power the airline’s fleet of Boeing 787-9s, according to a statement. The commitment includes 18 engines and their spares, as well as GE Aerospace’s TrueChoice services agreement to cover the maintenance, repair, and overhaul services for the engines.

ROADS-

Oman has launched a tender for the third and fourth phase of the Sinaw-Mahout-Duqm Road Upgrade Project, according to a statement. The third and fourth phases of the project — located in North Al Sharqiyah and Al Wusta governorates — have a combined length of nearly 132 km.

The breakdown: The third phase extends over 83 km from Al Jouba Roundabout in the Mahout Province towards Duqm Province. The road would be constructed as a single carriageway with two lanes — each 3.75 meters — and will include 2.5-meter asphalt shoulders and 2-meter gravel shoulders on each side. The fourth phase spans 49 km from an area near Sarab to the edge of the Special Economic Zone at Duqm near Nafun, with the same technical, lane, and shoulder specifications as the third phase.

DEBT WATCH-

Qatar’s GWC earns “stable” outlook in first-time credit rating: Qatari logistics firm Gulf Warehousing Company (GWC) has received its first credit evaluation from Capital Intelligence (CI) Ratings, with a long-term rating of qaA- and a short-term rating of qaA2 on the Qatar National Scale, according to a press release. The ratings outlook was evaluated as stable.

The rationale: The ratings were based on GWC’s dominant market position in Qatar, promising growth prospects for its subsidiary Flag Logistics, as well as its solid capital base. CI Ratings also attributed the rating in part to the QAR 2 bn sharia-compliant sukuk program greenlit by GWC shareholders last year.

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