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2026-06-30T19:09:46.000Z

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TASI declines 0.16% weekly amid 101B riyal gains

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TASI declines 0.16% weekly amid 101B riyal gains

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Debt does not permit Rolex purchase
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Lufthansa reports Gulf airlines resume cargo rivalry

Lufthansa reports Gulf airlines resume cargo rivalry

The CEO of Lufthansa Cargo stated that Gulf airlines have resumed competing in the air freight sector after the end of the war in the Middle East, with some competitors recovering up to 95% of their pre-war operational capacity. He confirmed that the demand for Lufthansa Cargo's services remains steady, with operating profits of 324 million euros last year, despite rising European fee costs and the impact of higher fuel prices on the aviation sector's profits.

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