ADQ AVIATION AND AEROSPACE SERVICES L.L.C.
Location
Abu Dhabi
Founded
2020-03-24
Website
Risk Signals
124 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about ADQ AVIATION AND AEROSPACE SERVICES L.L.C.
Live alerts from global media, monitored by Business Radar
2025-05-10 (anewz.tv)
U.S. to fast-track investments from Middle East before Trump trip
The United States is reportedly considering fast-tracking billions in Middle Eastern investments before President Donald Trump's visit to the region next week, raising questions about conflicts of interest.
Read more2024-04-26 (imf.org)
Arab Republic of Egypt: First and Second Reviews Under the Extended Arrangement Under the Extended Fund Facility, Monetary Policy Consultation, and Requests for Waiver of Nonobservance of a Performance Criterion, and Augmentation and Rephasing of Access-Press Release; and Staff Report in: IMF Staff Country Reports Volume 2024 Issue 098 (2024)
1. External shocks and delayed policy adjustments have weighed on economic activity. Growth slowed to 3.8 percent in FY2022/23 due to weak confidence and foreign exchange shortages, which constrained overall investment (Figure 1). The health of the non-oil private sector remains frail based on the headline Purchasing Managers' index, which has been in contractionary territory since 2021. The conflict in Gaza and Israel and the disruptions in the Red Sea are further exacerbating these pressures. Suez Canal revenues, an important source of foreign exchange for Egypt, fell almost 50 percent yoy in January 2024 (a loss of around US$375 million relative to January 2023). Despite a sharp fall in remittances through banks (Figure 2), with foreign exchange being diverted away from the official market, the current account deficit narrowed to 1.2 percent of GDP in FY2022/23 as imports were compressed due to limited foreign exchange availability.
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