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Business, Tourism

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Riyadh’s WTTC Summit to oversee signing of 50 deals

The joint committee and business council of the two countries can significantly boosts economic relations between Saudi Arabia and Algeria. (WAM)
By TRENDS Desk
November 29, 2022 8:42 pm
  • The minister evaluated the deals to be worth $50 billion, local media reports said.
  • Also, the event comprises over 3,000 participants, 57 ministers of tourism and travel

RIYADH, SAUDI ARABIA – Fifty deals and agreements are expected to be signed in the World Travel and Tourism Council (WTTC) Global Summit in Riyadh, Saudi Minister of Tourism, Ahmed Al Khateeb said.

The minister evaluated the deals to be worth $50 billion, local media reports said.

The agreements include state- and company-level deals, Al Khateeb added during the summit scheduled to be organized between Nov. 28-Dec. 1.

Also, the event comprises over 3,000 participants, 57 ministers of tourism and travel, amongst other industry-related officials.

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