Tuesday, September 21, 2021

Zubair Yaqoob

IATA cuts airline net profit estimates and expects recovery in 2019

International airlines will resume revenue growth next year as strong demand will outweigh the impact of cost pressures that reduced profitability in 2018, the International Air Transport Association (IATA) said on Wednesday. According to IATA, the sector's profits are...

OPEC compensates Iran’s oil loss, expects demand for crude to fall in 2019

OPEC said on Wednesday it had offset a drop in Iranian exports as US sanctions on Tehran resumed and lowered its demand for oil in 2019, highlighting the challenge it faces to prevent supply oversupply even after last week's...

Morocco will not bid for the 2019 African Cup of Nations

Morocco will not apply for the 2019 African Cup of Nations, which has been withdrawn from Cameroon for lack of readiness, Moroccan sports ministry announced. CAF had previously announced the withdrawal of the organization from Cameroon and opened the door...

Real Madrid receive a tough defeat against CSKA Moscow in the Champions League

Real Madrid received a surprise defeat on home turf at home to CSKA Moscow with three clean, in the game the two teams on Wednesday evening gathered at the "Santiago Bernabeu", within the competitions of the sixth round and...

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