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Air Arabia hit by regional disruptions; Asyad delivers mixed 1Q results
Regional tensions weighed on Air Arabia’s bottom line, while Asyad’s net income climbed despite softer revenue
Asyad orders two 85k dwt bulk carriers in USD 72.7 mn fleet renewal push
Stories on our radar this morning from around the region
Oman takes full control of SalamAir as it moves to stabilize Oman Air
The transaction was made via Asyad, Oman Investment Authority’s logistics unit, for an undisclosed sum
Asyad Shipping orders three VLCCs with energy-saving specs
The order comes a few days after the Omani shipping major offloaded four partially owned LNG carriers as part of…
AD Ports expands in Pakistan + Oman’s Duqm gets a cold chain push
Stories on our radar this morning from around the region
MENA Biofuels partners with Saybolt to launch UAE’s first SAF testing facility
PLUS: Shipping, regulation, and equipment updates from Bahrain, Iran, Egypt, and Oman
Oman LNG + Spain’s Naturgy explore future LNG sale agreement
PLUS: A spate of everything logistics updates from across the region
Asyad Shipping posts mixed 3Q + 9M financials
The firm’s 9M financials show declining net income and revenues, while latest quarterly results show surging figures
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