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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
TODAY: UAE expands crude export bypass via Fujairah
What we’re tracking this morning regionally and around the world
Nabil Sultan appointed as Dnata’s CEO
Sultan succeeds Steve Allen on 15 June
Trukker secures USD 300mn facility to scale regional freight network
Plus: Aqaba’s data center buildout gets EU-backed loan
Hormuz disruptions weighed on Adnoc Gas’ 1Q results, AD Ports had a good quarter
Adnoc Gas warned the strait’s closure could shave USD 400-600 mn off net income in the second quarter
TODAY: Could the Gulf build an aviation supercarrier?
What we’re tracking this morning regionally and around the world
1Q results from UAE-based firms Talabat + Abu Dhabi Aviation
Both Talabat and ADA saw a drop in their net income, but reported a rise in their revenues
India’s Zoho rolls out UAE data centers as Gulf data sovereignty demands tighten
The move follows the company’s 2024 data center launch in Saudi Arabia
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