Gaza now has the highest number of children amputees per capita anywhere in the world, says Guterres
world1 day ago
A new national airline will be established in Saudi Arabia, announced the Kingdom's Crown Prince Mohammad bin Salman bin Abdulaziz, Prime Minister and Chairman of the Public Investment Fund (PIF).
Riyadh Air will be a PIF-owned company, according to the Saudi Press Agency (SPA). The new carrier will be chaired by Yasir Al-Rumayyan, Governor of PIF. The airline’s senior management will include Saudi and international expertise, SPA reported.
Tony Douglas, who brings more than 40 years of experience in the aviation, transportation and logistics industries, has been appointed CEO. Douglas led UAE-based airline Etihad between January 2018 and October 2022.
The eponymous Saudi capital will be the airline's hub, leveraging the country's geographical position to increase connectivity for passengers to over 100 destinations by 2030. Riyadh Air is set to be a 'world-class airline', and is expected to add $20 billion to non-oil GDP growth, and create more than 200,000 direct and indirect jobs.
The airline will provide tourists from around the world the opportunity to visit Saudi Arabia’s cultural and natural attractions. Riyadh Air will also serve as a catalyst for the Saudi National Transport and Logistics Strategy and the National Tourism Strategy by increasing air transport options, raising cargo capacity and, in turn, growing international passenger traffic.
The establishment of Riyadh Air is part of PIF’s strategy to unlock the capabilities of promising sectors that can help drive the diversification of the local economy. It also supports the Saudi aviation industry’s global competitiveness in line with Vision 2030.
ALSO READ:
Gaza now has the highest number of children amputees per capita anywhere in the world, says Guterres
world1 day ago
The call came after Syrian rebels and their Turkish-backed allies launched their biggest offensive in years, seizing control of Syria's second-largest city Aleppo
world1 day ago
His songs eulogised months-long protests sparked by the death of Mahsa Amini in police custody
world1 day ago
Gazans are in desperate need of food, and shelter with the onset of winter, says minister Dodds
world1 day ago
Syria's Kurds have suffered multiple waves of displacement since 2011 and have again found themselves on the frontlines in the latest violence
world1 day ago
Several wounded after a house providing shelter to displaced people was struck; official says new ceasefire push is under way
world1 day ago
We are working actively to try to make it happen, the US National Security Advisor told US media
world2 days ago
Albanese hails the parliament's passage of landmark legislation requiring social media firms to take 'reasonable steps' to prevent young teens from having accounts
world2 days ago