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Economy, Tourism

SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

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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