Israel
The shekel's rollercoaster: From record strength to sudden slide
Just thirty days ago, the shekel was riding high. Now it's tumbling, and fast.
Aviation leaders and key figures from around the world are set to converge in Riyadh for the Future Aviation Forum 2024.
Aviation leaders and key figures from around the world are set to converge in Riyadh for the Future Aviation Forum 2024.
This three-day event, scheduled from May 20 to 22, will spotlight groundbreaking advancements in global air travel.
The forum aligns with Saudi Arabia's ambitious goal to generate $100 billion from the aviation sector by 2030.
Under the theme “Elevating Global Connectivity,” the Future Aviation Forum will bring together over 5,000 experts and leaders in aviation from more than 100 countries.
The diverse assembly will include ministers, regulators, manufacturers, and representatives from airlines and airports. The event aims to foster dialogue and collaboration among industry leaders, driving innovation and growth in the global aviation sector.
The forum is spearheaded by the General Authority of Civil Aviation (GACA) and will showcase various projects and incentives designed to attract investments into Saudi Arabia’s burgeoning aerospace sector.
This initiative is part of the country's broader Vision 2030 plan, which seeks to diversify the economy and enhance its global economic footprint.
Global aviation executives from major companies such as Boeing, Airbus, Commercial Aircraft Corp. of China, and Embraer are expected to attend. Their participation underscores the forum's significance as a premier platform for discussing the future of aviation.
The Future Aviation Forum will also highlight Saudi Arabia's efforts to create a conducive environment for aerospace investments.
Attendees will learn about the country's strategic projects aimed at enhancing infrastructure, developing human capital, and fostering technological advancements in the aviation sector.
Just thirty days ago, the shekel was riding high. Now it's tumbling, and fast.
Yasser al-Misehal stepped down as president of the Saudi Arabian Football Federation late Sunday, taking personal responsibility for the Green Falcons' dismal exit from the 2026 World Cup at the group stage.
A helicopter belonging to Saudi oil giant Aramco crashed on Sunday in Ras Tanura on Saudi Arabia's eastern coast on the Gulf, west of the Strait of Hormuz, killing 14 nationals, the state news agency reported, adding that the cause was unknown.
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