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Economy, Tourism

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

Saudi Arabia lifts travel ban on Turkey, India, Ethiopia, Vietnam

Saudi passengers arrive to King Khaled International airport in the capital Riyadh on May 17, 2021. AFP
By TRENDS Desk
June 21, 2022 8:36 am
  • The decision was based on the findings of the competent health authorities about the epidemiological situation in these countries
  • Earlier this month, the kingdom lifted measures intended to prevent the spread of the virus, such as the requirement to wear face masks indoors

Saudi Arabia lifted coronavirus travel restrictions on Monday on its citizens travelling to Turkey, India, Ethiopia and Vietnam, state news agency SPA reported.

In a statement, the Saudi Interior Ministry said the decision was based on the findings of the competent health authorities about the epidemiological situation in these countries following the improvement in Covid-19 situation.

Earlier this month, the kingdom lifted measures intended to prevent the spread of the virus, such as the requirement to wear face masks indoors.

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