Qatar Airways has achieved its highest-ever annual profit of $2.15 billion, driven by record passenger numbers as global aviation continues to recover from the pandemic.
Qatar Airways Group announced a record $2.15 billion profit for the latest fiscal year, marking its highest earnings to date. The state-owned airline also reported a revenue increase to $23.4 billion up from $22.1 billion the previous year.
Passenger numbers surged to 43.1 million, an increase from 40 million in the prior fiscal year, bolstered by Qatar's role as the host of the 2022 FIFA World Cup. The airline operates a fleet of over 230 aircraft, comprising both Airbus and Boeing models.
Group CEO Badr Mohammed al-Meer credited the record-breaking results to the dedication and expertise of the team. The broader Qatar Airways Group, encompassing its cargo services, airport operations, and duty-free services, has become a key player in global aviation, alongside regional competitors Emirates and Abu Dhabi-based Etihad Airways.
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Ukrainian President Volodymyr Zelenskyy said on Friday that his chief of staff, Andriy Yermak, has submitted his resignation amid a corruption scandal.
Two major protest marches are set to take place in the capital this evening, marking one year since the political controversy surrounding Georgia’s stalled EU membership negotiations.
Pope Leo condemned violence in the name of religion on Friday at a landmark event with Christian leaders from across the Middle East, urging them to overcome centuries of heated divisions.
The Kremlin is set to evaluate a new diplomatic proposal aimed at halting the hostilities in Ukraine, with high-level discussions involving a Washington envoy scheduled for the coming days in Moscow.
At least 47 people have died and another 21 are reported missing following ten days of heavy rainfall, floods, and landslides across Sri Lanka, local media reported on Thursday (27 November).
Hong Kong fire authorities said they expected to wrap up search and rescue operations on Friday after the city's worst fire in nearly 80 years tore through a massive apartment complex, killing at least 128 people, injuring 79 and leaving around 200 still missing.
Netflix crashed on Wednesday for about an hour in the U.S. as it launched season five of "Stranger Things", with the service becoming inaccessible to many subscribers within minutes of the episodes going live at 8 p.m. local time.
Thousands of Bulgarians took to the streets of Sofia on Wednesday to protest against the government’s draft budget for 2026, the first to be prepared in euros ahead of the country’s planned eurozone entry on 1 January 2026.
U.S. Secretary of Defense Pete Hegseth visited sailors aboard the USS Gerald R. Ford aircraft carrier in the Latin American region on Thursday, amid a military buildup by President Donald Trump’s administration that has heightened tensions with Venezuela.
European Union ministers will urge senior U.S. trade officials to implement more elements of the July EU–U.S. trade deal on Monday, including cutting tariffs on EU steel and lifting duties on goods such as wine and spirits.
Google has announced a major update for its Pixel 10 series: owners can now send and receive files with Apple devices using AirDrop, without any collaboration from Apple. The new functionality applies to iPhones, iPads, and macOS devices, though for now it is limited to the Pixel 10 line.
European shares climbed on Thursday, as a relief rally swept through global markets after artificial intelligence (AI) bellwether Nvidia reported strong earnings, while investors awaited the release of delayed U.S. jobs data.
Mainland China and Hong Kong equities slipped on Tuesday, Reuters reported, as investors grew cautious ahead of delayed U.S. economic data expected to clarify the Federal Reserve’s policy outlook.
A federal jury in California ruled on Friday that Apple must pay $634 million to Masimo, a medical-monitoring technology company, for infringing a patent related to blood-oxygen reading technology.
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