Close Menu
The Oasis Report
  • Home
  • Analysis
  • Business
  • Economy
  • Finance
  • Investor
  • Market
  • Opinion
  • Saudi Arabia
  • Startups
What's Hot

World Food Prices Dip in May

June 6, 2025

Saudi Arabia demands more from global asset managers

June 6, 2025

Oil Prices Headed for Rebound This Week as US-China Trade Talks Resume

June 6, 2025
Facebook X (Twitter) Instagram
Trending
  • World Food Prices Dip in May
  • Saudi Arabia demands more from global asset managers
  • Oil Prices Headed for Rebound This Week as US-China Trade Talks Resume
  • China’s Coal Power Plants Grow After 2024 Decline
  • The KIA maintains its low profile approach – for now
  • Remittances to Egypt almost double to reach $26bn
  • IMF Sees ‘Some Progress’ on Lebanon Reforms, But Says External Support Needed
  • Oil prices on track for solid weekly gains as China and U.S. resume trade talks
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram
The Oasis ReportThe Oasis Report
Friday, June 6
  • Home
  • Analysis
  • Business
  • Economy
  • Finance
  • Investor
  • Market
  • Opinion
  • Saudi Arabia
  • Startups
The Oasis Report
Home » Dubai airlines lead GCC bid to revive Syrian economy

Dubai airlines lead GCC bid to revive Syrian economy

adminBy adminJune 3, 2025 Market No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Dubai-based airlines are resuming services to Syria after a gap of nearly 13 years as the Gulf states unite to support the war-torn country’s economic recovery.  

Low-cost carrier Flydubai resumed operations to Syria, with the first flight landing at Damascus International Airport on Saturday, a move aimed at building ties between the UAE and Syria.

The return of Flydubai’s flights marks a promising step toward the full return of UAE national carriers to Syria, Dubai Media Office reported, quoting UAE’s Ambassador to the Syrian Arab Republic Hassan Ahmed Al Shehhi.

Hamad Obaidalla, chief commercial officer at Flydubai, said the airline will help in stimulating free flows of travel, trade and tourism between the two countries and will operate a daily service to Damascus.

Emirates will reintroduce flights to the Syrian capital from July 16 after undertaking a complete evaluation with the UAE General Civil Aviation Authority, it said in a statement.

Before suspending operations in 2012, the Dubai airline carried more than two million passengers in and out of Syria.  

The airline will initially operate three weekly services, with plans to expand to four weekly flights starting in August. Emirates will expand its Damascus services to daily operations on October 26, the airline said in a statement.

The UAE and Syria’s trade volumes reached $680 million (AED2.5 billion) in 2024, a 23 percent increase year on year. The new flights will further stimulate trade ties, the airline said.

The UAE is home to more than 350,000 Syrians.

In a statement to Syrian state-run news agency Sana, Alaa Sallal, the director of public relations at the Syrian Civil Aviation Authority, said that the return of Emirates airline to Damascus will significantly motivate other airlines to operate their flights to Damascus International Airport.

In a press conference held this week after the conclusion of the 164th GCC ministerial council session in Kuwait, Kuwaiti foreign minister Abdullah Al-Yahya said that Gulf countries are collaborating to support Syria and are backing all initiatives focused on stabilising its political and economic landscape.

Last month US president Donald Trump announced plans to lift sanctions on Syria during a visit to Riyadh after discussions with Saudi Crown Prince Mohammed bin Salman and Turkey’s President Erdogan.

Saudi Arabia and Qatar jointly repaid Syria’s $15.5 million outstanding debt to the World Bank.

This month Saudi Arabia’s foreign minister Prince Faisal bin Farhan Al-Saud said that the kingdom and Qatar will jointly offer financial support to Syria.

Damascus has already signed a memorandum of understanding with a consortium of international companies led by Qatar’s UCC Holding to develop major power generation projects worth $7 billion.



Source link

admin
  • Website

Keep Reading

Saudi Arabia demands more from global asset managers

The KIA maintains its low profile approach – for now

Remittances to Egypt almost double to reach $26bn

Asian companies in talks to list on Saudi stock market

IMF says Lebanon needs soft loans for economic recovery

Sport Clubs announces IPO subscription date

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Saudi Arabia demands more from global asset managers

June 6, 2025

The KIA maintains its low profile approach – for now

June 6, 2025

Remittances to Egypt almost double to reach $26bn

June 6, 2025

Asian companies in talks to list on Saudi stock market

June 6, 2025
Latest Posts

Oil prices on track for solid weekly gains as China and U.S. resume trade talks

June 6, 2025

Oil slips on U.S. stockpile build, Saudi Arabia price cuts

June 5, 2025

OPEC+ members could hike July oil output by 411,000 barrels per day

May 29, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to The Oasis Report, your trusted source for the latest news and insights on startups, markets, business, economy, and finance in Saudi Arabia. We are dedicated to providing timely, accurate, and in-depth coverage of the ever-evolving financial and business landscape in the region.

Facebook X (Twitter) Instagram Pinterest YouTube

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

© 2025 theoasisreport. Designed by TeraSolutions.io

Type above and press Enter to search. Press Esc to cancel.