Browsing: Long-term

At the 62nd Annual General Assembly Meeting Kuwait, 29 March 2026 – Burgan Bank K.P.S.C. (“Burgan Bank” or “the Bank”) held its 62nd Annual General Assembly Meeting on Saturday, 28 March 2026, at its headquarters, with a quorum of 83.122% of shareholders present, exceeding the minimum threshold of more than 50% as prescribed by regulatory guidelines and the Bank’s bylaws. During the meeting, shareholders reviewed the Bank’s financial results and operational performance for the fiscal year ended 31 December 2025, and approved the distribution of cash dividend of 6 fils per share, in addition to bon

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

Jeddah, Saudi Arabia | 17 November 2025: Rising demand for healthcare in Jeddah is driving the next phase of the city’s medical sector expansion, according to Knight Frank’s latest publication, Healthcare in Saudi Arabia: Opportunities in Jeddah.  The white paper reveals that infrastructure development has not matched the scale or speed of