IATA to Asharq Al-Awsat: We Will Open Regional Headquarters in Riyadh Soon

People attend the Future Aviation Forum in the Saudi capital Riyadh on May 20, 2024. (AFP)
People attend the Future Aviation Forum in the Saudi capital Riyadh on May 20, 2024. (AFP)
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IATA to Asharq Al-Awsat: We Will Open Regional Headquarters in Riyadh Soon

People attend the Future Aviation Forum in the Saudi capital Riyadh on May 20, 2024. (AFP)
People attend the Future Aviation Forum in the Saudi capital Riyadh on May 20, 2024. (AFP)

Kamil Al-Awadhi, Vice President of Africa and Middle East at International Air Transport Association (IATA), revealed that the association intends to open a regional headquarters in Riyadh to keep pace with the Kingdom’s “exceptional” transformation in the aviation sector.

The International Air Transport Association (IATA) was founded in 1945 and is headquartered in Canada. The association aims to represent the aviation industry, develop commercial standards, and assist airlines by simplifying operations and increasing passenger comfort, while reducing costs and improving efficiency.

Speaking to Asharq Al-Awsat on the sidelines of the Future Aviation Forum 2024, Al-Awadhi said IATA expects air traffic and the number of passengers in the Middle East region to increase this year by around 4 to 6 percent, compared to 2023.

Previous data issued by IATA revealed that airlines in the Middle East achieved the strongest performance in January 2024 by 29.5 percent - with an increase of 25.9 percent year-on-year in freight volumes, as a result of growth in the Middle East and Asian markets - and Middle East and Europe by 46 percent.

Al-Awadhi pointed to challenges facing the aviation sector in the Middle East, which include geopolitical developments, underlining the importance of cooperation among the civil aviation authorities in Gulf countries to guarantee the safety of passengers and aircraft and avoid the cancellation of flights.

The Future Aviation Forum is being held in Riyadh under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz and concludes on Thursday.

Organized by the General Authority of Civil Aviation (GACA), the event is attended by more than 30 ministers, 77 presidents of civil aviation authorities and heads of airlines from around the world, as well as 5,000 aviation industry experts and stakeholders from more than 120 countries.



Saudi Industry Minister Explores Latest Mining Technologies at MINExpo International 2024 Las Vegas

Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef visits the MINExpo International 2024 Las Vegas. (SPA)
Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef visits the MINExpo International 2024 Las Vegas. (SPA)
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Saudi Industry Minister Explores Latest Mining Technologies at MINExpo International 2024 Las Vegas

Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef visits the MINExpo International 2024 Las Vegas. (SPA)
Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef visits the MINExpo International 2024 Las Vegas. (SPA)

Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef visited the MINExpo International 2024 Las Vegas, the largest mining exhibition in the world.

He reviewed the latest technologies in mining operations and discussed the most promising opportunities in the mining sector with participating global mining companies, reported the Saudi Press Agency on Friday.

He was accompanied by Vice Minister of Industry and Mineral Resources for Mining Affairs Eng. Khalid bin Saleh Al-Mudaifer.

Alkhorayef visited the Saudi pavilion during the tour of the exhibition that is organized by the National Mining Association (NMA). The exhibition features several prominent Saudi mining companies alongside the National Industrial Development Center.

Alkhorayef met with several leading global mining companies. He explored collaboration opportunities in the mining sector, highlighting the relative advantages of investing in mining in Saudi Arabia.

Since 1996, the MINExpo has been held every four years and attracts the leading mining companies from around the world. It showcases all mining operations' latest technologies and equipment, including safety equipment, drilling machinery, and mineral exploration machines.

The exhibition serves as a platform for exchanging experiences and the latest innovations in the mining sector, fostering effective partnerships between government and private institutions interested in mining.

Its events and exhibits cover all mining sectors, including precious metals, non-ferrous metals, ferrous metals, industrial minerals, stone and quarry mining, sand, gravel, and coal.

Alkhorayef is on an official trip to the US that aims to develop industrial and mining cooperation, strengthen bilateral ties with Saudi Arabia, and attract quality investments to the Kingdom. The visit also explores mutual investment opportunities in promising industrial sectors, particularly aviation and space.