DFM ---ADX ---
2hUAE Treasury Sukuk and Bonds Attract Dh4.54 Billion in Latest AuctionBusiness
5hUAE fuel prices dip for November: Here is how much you will save at the pumpBusiness
10hThe Recent $6.3 Billion Binance Breach: Security Lessons for the Crypto IndustryBusiness
22hUAE Residents Rank Telemarketers as Least Trusted ProfessionalsBusiness
22hUAE and Democratic Republic of Congo Launch Landmark Trade DealBusiness
23hUAE Regulator Closely Monitors Binance Following Major Security BreachBusiness
1dSingapore Airlines Suspends Dubai Routes Amid Regional TensionsBusiness
1dNMDC Group Reports Robust Growth with Dh2.4 Billion ProfitBusiness
1dPureHealth Sees Net Profit Surge to Dh1.8 Billion on Global ExpansionBusiness
1dArada Secures $400 Million in Landmark Sukuk IssuanceBusiness
1dFitch Ratings Affirms ADQ’s ‘AA’ Rating Following Strong 2025 Financial PerformanceBusiness
1dFlydubai Suspends Operations to Select Saudi Cities Amid Regional TensionsBusiness
1dBinance’s Recent $6.3 Billion Security Breach: A Deep Dive into Crypto’s HistoryBusiness
1dDubai Opens Doors: 400 New Real Estate Job Opportunities for EmiratisBusiness
1dUAE Dominates GCC M&A Landscape Amid Rising Market MaturityBusiness
1dBinance Faces Record-Breaking $6.3 Billion Security BreachBusiness
1dDubai Real Estate Records Strong Q3 Performance with Dh141 Billion in TransactionsBusiness
1dMicrosoft to Raise $25 Billion in Major Bond Sale for AI ExpansionBusiness
1dDubai’s Real Estate Funds: A New Frontier for Property InvestmentBusiness
2dECB President Christine Lagarde Announces ResignationBusiness
2dUAE Residents Can Now Repair Credit Scores in Just Six MonthsBusiness
2dSharjah Offers Affordable Licensing for Tech StartupsBusiness
2dUAE Residents Offered Faster Path to Financial Recovery with New Credit Scoring SystemBusiness
2dUAE Businesses Face Urgent Deadline for E-Invoicing ComplianceBusiness
2dNew Protections for Dubai Renters: How to Void Deceptive ContractsBusiness

Riyadh Air Clears Key Hurdle for US Expansion

Wed, Jun 17, 2026(136d ago)Business

The U.S. Transportation Department has officially granted Riyadh Air the authorization to operate flights between Saudi Arabia and the United States. This regulatory green light marks a significant milestone for the kingdom's newest national carrier, which is backed by the Public Investment Fund. Since its inception in 2023, the airline has been moving aggressively to establish its global footprint, recently celebrating its inaugural flight to London. As part of its growth strategy, the carrier is actively pursuing partnerships with international giants like Delta Air Lines, which is already looking to launch a direct route from Atlanta to Riyadh this coming October.

Under the leadership of CEO Tony Douglas, the airline is positioning itself as one of the most ambitious aviation startups in modern history. With a massive fleet order of Boeing 787s, Airbus A321neos, and A350s, the company aims to serve over 100 international destinations by 2030. This expansion is central to Saudi Arabia’s broader economic vision to reduce reliance on oil by fostering growth in tourism, technology, and logistics. With routes to major hubs like Cairo, Dubai, and Madrid already on the map, the carrier is rapidly evolving into a major player in the global aviation industry.

Comments0
No comments yet. Be the first to share your thoughts.