Browsing: Economic

News Desk DUBAI: The Wilo Group and DP World have expanded their strategic partnership through a new Memorandum of Understanding (MoU), aimed at advancing sustainable infrastructure, smart logistics solutions and AI-based innovations in the global water sector. The agreement was signed at Wilopark in Dortmund by Wilo CEO Oliver Hermes and Abdulla Al Hashmi, Global … The post Wilo and DP World expand partnership on sustainable water technology and smart logisticsAgreement deepens a partnership anchored in Jafza for nearly two decades appeared first on Biz Today.

By Rafiq Vayani ISLAMABAD: Shaikh Imtiaz Hussain, Managing Director of Imtiaz Enterprises, and President of the America Pakistan Business Development Forum, has successfully completed the prestigious PUAN Masterclass 2026 on E-Commerce & Digital Trade: Building Pakistan-U.S. Economic Partnerships. Reflecting on the achievement, he emphasized that “an entrepreneur never stops learning curiosity is the engine of … The post Shaikh Imtiaz Hussain Completes PUAN Masterclass 2026 on E-Commerce & Digital Trade appeared first on Biz Today.

17 March 2026 (Geneva) — The International Air Transport Association (IATA) released its Long‑Term Demand Projections (LTDP) for air travel, showing that global air passenger demand is expected to more than double by 2050. Under the mid‑range scenario, demand is forecast to reach 20.8 trillion revenue passenger kilometers (RPKs), based on a compound annual growth rate (CAGR) of 3.1% (2024-2050) from the 9 trillion RPKs seen in 2024. A higher growth scenario would see a 3.3% CAGR with passenger demand reaching 21.9 trillion RPKs in 2050. A lower growth scenario would see 2.9% CAGR with passenger demand reaching 19.5 trilli

11 March 2026 (Lima, Peru) – The International Air Transport Association (IATA) today released a report, showing air cargo’s vital role in sustaining global trade and supporting economic growth in 2025 amid severe trade policy uncertainty. Two key report findings are that: Air cargo enabled the frontloading of $157 billion US imports in the first quarter of 2025. Air cargo transported more than two thirds of global AI-related goods in 2025. These activities supported global trade growth of 2.4% in 2025—well above initial forecasts by the World Trade Organization. Global GDP also expanded by 3.2% despite significant po