Kuwait’s Al-Ghais Takes Role as OPEC Secretary General

Haitham Al-Ghais (Asharq Al-Awsat)
Haitham Al-Ghais (Asharq Al-Awsat)
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Kuwait’s Al-Ghais Takes Role as OPEC Secretary General

Haitham Al-Ghais (Asharq Al-Awsat)
Haitham Al-Ghais (Asharq Al-Awsat)

Kuwait’s Haitham Al-Ghais assumed on Monday his new role as Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), following the late outgoing chief, Mohammad Barkindo.

Al-Ghais affirmed his determination to work for the advancement of the international organization, especially considering the concerns surrounding the global energy market.

In an interview with KUNA on Sunday, Al-Ghais affirmed that he has aspirations and ideas that he will present in coordination with all OPEC member states.

Al-Ghais said that his ideas are aimed at advancing the organization and facing future challenges, the most important of which is maintaining the balance and stability of oil markets.

Al-Ghais is the first Kuwaiti to hold the position of OPEC chief, having been elected by acclamation for a three-year term.

He said the unanimous selection of him by OPEC’s 13 member countries reflects Kuwait’s position and comes as a result of hard and determined work spearheaded by the Deputy Prime Minister, Minister of Oil, and Minister of State for Council Affairs Dr. Muhammad Al-Fares.

Al-Ghais has extensive experience extending over nearly 30 years in the field of global oil markets and the oil industry and has a wide presence and participation in many international oil conferences and forums.

Furthermore, Al-Ghais assumed the position of Governor of Kuwait with OPEC (2017-2021) and chaired the joint technical committee between the organization and countries outside it, which is responsible for monitoring production and studying the conditions of oil markets according to the production reduction agreement signed between the countries contributing to the (OPEC+) agreement.

After he stepped down as Kuwait’s OPEC governor in June 2021 he was appointed as Deputy Director of International Marketing at the state-owned Kuwait Petroleum Corporation (KPC).

Moreover, he headed the OPEC Internal Audit Committee, and he has various contributions within the organization, as well as at the level of the organization’s board of governors, various committees, special works and cooperation with countries outside OPEC.

Also, prior to his participation and contributions in OPEC, he was included in the global marketing sector of the KPC in various sales departments, and headed the regional offices of the Corporation in Beijing and London, and was the Director of the Research Department of the Petroleum Corporation and Deputy Managing Director of Global Marketing.



Saudi Air Navigation: Virtual Towers Boost Efficiency, Open Control and Maintenance Roles to Saudi Women

Virtual tower operations center – Air Navigation Services (Asharq Al-Awsat) 
Virtual tower operations center – Air Navigation Services (Asharq Al-Awsat) 
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Saudi Air Navigation: Virtual Towers Boost Efficiency, Open Control and Maintenance Roles to Saudi Women

Virtual tower operations center – Air Navigation Services (Asharq Al-Awsat) 
Virtual tower operations center – Air Navigation Services (Asharq Al-Awsat) 

Saudi Arabia is accelerating digital transformation in aviation as virtual air traffic control towers enter live operations, marking a first for the Middle East. Saudi Air Navigation Services Company said the technology is among its flagship digital initiatives to enhance air traffic efficiency and prepare Saudi airspace for rapid growth.

The company has also successfully enabled Saudi women to work in air traffic control and navigation systems maintenance after completing specialized training programs.

Eng. Ahmed Al-Zahrani, Chief Strategy and Sustainability Officer, told Asharq Al-Awsat that virtual towers are a cutting-edge global technology adopted as part of the company’s broader transformation drive.

Al-Zahrani explained that a virtual tower replaces the traditional structure with a digital system built on high-definition cameras and advanced target-tracking technologies at the airport. Controllers can perform their duties without direct line-of-sight, using zoom and data overlays unavailable in conventional towers, such as flight number, passenger count, origin, and destination.

The initiative has moved beyond theory: the company has already launched the region’s first virtual tower at AlUla International Airport, operated remotely from King Abdulaziz Airport in Jeddah. The project has also won the Ministry of Transport and Logistics Services’ Innovation Award.

Al-Zahrani said that virtual towers raise controller efficiency by enabling oversight of multiple airports from a single center, while improving safety and operational performance through clearer imagery and richer data.

Beyond technology, readiness depends on continuity. The company operates two primary air traffic control centers in Riyadh and Jeddah; if one is disrupted, the other can seamlessly manage Saudi airspace without service interruption.

Since its launch in June 2016, the company has aimed to rank among regional leaders in air traffic management. Today, it is one of the region’s foremost providers and is pursuing global leadership.

Air traffic continues to expand. By the end of November, flights totaled 921,095, up 5.7% year on year. A daily record was set on June 19, 2025, with 3,673 flights, averaging 153 per hour.

On workforce development, Al-Zahrani said women have begun work as controllers and maintenance specialists, demonstrating strong performance. The company employs about 2,000 staff, over 97% Saudi nationals, and 100% Saudis in air traffic control roles.

Sustainability underpins operations across environmental efficiency, social impact through national talent empowerment, and governance via integrity and compliance. On cybersecurity, the company adheres to top international standards and recently earned the global SOC-CMM certification, measuring operations readiness across people, processes, technology, services, and business integration.

 

 


Delayed US Data Expected to Show Solid Growth in 3rd Quarter

Investment in artificial intelligence is expected to be a source of continued momentum for the US economy in 2026. ANDREW CABALLERO-REYNOLDS / AFP/File
Investment in artificial intelligence is expected to be a source of continued momentum for the US economy in 2026. ANDREW CABALLERO-REYNOLDS / AFP/File
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Delayed US Data Expected to Show Solid Growth in 3rd Quarter

Investment in artificial intelligence is expected to be a source of continued momentum for the US economy in 2026. ANDREW CABALLERO-REYNOLDS / AFP/File
Investment in artificial intelligence is expected to be a source of continued momentum for the US economy in 2026. ANDREW CABALLERO-REYNOLDS / AFP/File

The US economy is expected to post another solid economic growth reading Tuesday, but the much-delayed figures likely will not settle debate on the labor market, AI and other variables.

Forecasters expect Tuesday's third-quarter gross domestic product (GDP) report to show 3.2 percent growth, according to consensus estimates from MarketWatch and Trading Economics.

That represents a bit of a moderation from the 3.8 percent second-quarter gain following a first-quarter with negative growth. Tuesday's release comes nearly two months after it was originally scheduled due to the US government shutdown, Reuters reported.

The report reflects a much improved US macroeconomic outlook compared with earlier in 2025, when worries about President Donald Trump's aggressive trade policy changes weighed on sentiment.

But by the latter stages of 2025, Trump's administration had negotiated agreements with China and other major economies that prevented enactment of the most onerous tariffs.

Meanwhile, an AI investment boom by Chat GPT-maker OpenAI, Google and other tech giants continued to pick up momentum, keeping the US stock market near record levels.

Pantheon Macroeconomics estimates that US growth in the third quarter came in at a "brisk-looking" 3.5 percent that nonetheless "will overstate the economy's true condition," the research firm said in a note.

A slowing job market and muted retail sales trends are among the factors consistent with "steady but unspectacular GDP growth" looking ahead to 2026, said Pantheon, which predicted the Federal Reserve would cut interest rates further in the new year.

"The risks remain skewed towards a faster cadence or larger decline in rates," said Pantheon, pointing to the Fed's impending leadership change with the 2026 departure of Chair Jerome Powell.

Consumer caution?

The US central bank on December 10 announced an interest rate cut for the third straight meeting.

While inflation remains well above the Fed's two percent target, Powell and other policymakers have described the weakening employment market as the greater concern at the moment.

The Fed's median 2026 GDP forecast is 2.3 percent, up from 1.7 percent projected in 2025, according to a summary of the central bank's outlook.

White House officials have said Trump could nominate Powell's successor in January.

Polling shows declining support for Trump as consumer prices have stayed at an elevated level.

But Kevin Hassett, a White House economic advisor considered the favorite for the Fed post, told Fox News over the weekend that consumers would soon see better times.

"I think that the American people are going to see it in their wallets... they're going to see that President Trump's policies are making them better," said Hassett, who mentioned an expected boost from higher tax refunds in 2026.

But Pantheon argued the economic benefit from tax refunds may be contained, noting that "the relatively low level of consumer confidence suggests many households will save a high share of the windfall."

A December 18 outlook piece from S&P Global Ratings said AI investment would likely buoy the economy but could be offset by political uncertainty under Trump.

"US trade policy uncertainty has settled down, but not US policy drama overall," S&P said.

"Statutory US tariff rates may not move much in 2026, but uncertainty around laws, norms, investment rules, military actions and geopolitics more generally will remain elevated," S&P said. "This uncertainty will likely dampen investment and discretionary consumption."


Cluster2 Company Launches Direct Flights from Muscat to Saudi Arabia's Taif

 Three direct flights will take place per week between Muscat and Taif via Oman Air - SPA
Three direct flights will take place per week between Muscat and Taif via Oman Air - SPA
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Cluster2 Company Launches Direct Flights from Muscat to Saudi Arabia's Taif

 Three direct flights will take place per week between Muscat and Taif via Oman Air - SPA
Three direct flights will take place per week between Muscat and Taif via Oman Air - SPA

The Cluster2 Company, operator of Taif International Airport, announced the launch of three direct flights per week between Muscat and Taif via Oman Air, starting January 31, SPA reported.

The launch of international flights through the cluster’s airports comes as part of its ongoing commitment to improving the passenger experience and expanding international travel options, while continuing to build strategic partnerships with global airlines to enhance air connectivity in the Kingdom.