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GACA to Organize Future Aviation Forum in Riyadh Next Month

The General Authority of Civil Aviation (GACA)
The General Authority of Civil Aviation (GACA)
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GACA to Organize Future Aviation Forum in Riyadh Next Month

The General Authority of Civil Aviation (GACA)
The General Authority of Civil Aviation (GACA)

Saudi Arabia’s General Authority of Civil Aviation (GACA) is scheduled to organize the third edition of the Future Aviation Forum 2024 (FAF 2024) on May 20-22 in Riyadh.
The FAF 2024 will be organized under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al-Saud.

It is set to attract more than 5,000 international experts from the aviation industry, leaders of international airlines, and officials from aviation authorities in participating countries.

The FAF 2024 will discuss global aviation issues, air transportation, the development of environmental sustainability in the civil aviation sector, enabling advanced air transport, and enhancing global connectivity.

The forum will focus on boosting the efforts to achieve the national strategic objectives of aviation, which aim to transform the Kingdom into a leading logistics center in the Middle East and provide an attractive investment environment in this vital sector.

It will also bring together the elite of heads of states, CEOs of international airlines, manufacturers, airport executives, and industry leaders to shape the future of international air transport.

The second edition of the forum witnessed the participation of 60 countries, the signing of 52 agreements and memoranda of understanding, the holding of 116 bilateral meetings, and the launch of several important policies and strategies for the civil aviation sector. In addition, many partnerships between the public and private sectors were signed.

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Exports from Libya's Hariga Oil Port Stop as Crude Supply Dries Up, Say Engineers

A general view of an oil terminal in Zueitina, west of Benghazi April 7, 2014. (Reuters)
A general view of an oil terminal in Zueitina, west of Benghazi April 7, 2014. (Reuters)
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Exports from Libya's Hariga Oil Port Stop as Crude Supply Dries Up, Say Engineers

A general view of an oil terminal in Zueitina, west of Benghazi April 7, 2014. (Reuters)
A general view of an oil terminal in Zueitina, west of Benghazi April 7, 2014. (Reuters)

The Libyan oil export port of Hariga has stopped operating due to insufficient crude supplies, two engineers at the terminal told Reuters on Saturday, as a standoff between rival political factions shuts most of the country's oilfields.

This week's flare-up in a dispute over control of the central bank threatens a new bout of instability in the North African country, a major oil producer that is split between eastern and western factions.

The eastern-based administration, which controls oilfields that account for almost all the country's production, are demanding western authorities back down over the replacement of the central bank governor - a key position in a state where control over oil revenue is the biggest prize for all factions.

Exports from Hariga stopped following the near-total shutdown of the Sarir oilfield, the port's main supplier, the engineers said.

Sarir normally produces about 209,000 barrels per day (bpd). Libya pumped about 1.18 million bpd in July in total.

Libya's National Oil Corporation NOC, which controls the country's oil resources, said on Friday the recent oilfield closures have caused the loss of approximately 63% of total oil production.