Pre-Covid travel industry arrival figures are back but venture capital is experiencing delays
The global tourism industry has turned the clock back to 2019 before COVID created a massive hole in worldwide passenger...
Qantas scraps non-stop UK flight due to Middle East unrest
Sydney, Australia - Australian airline Qantas scrapped its non-stop Perth to London flight Thursday, saying the decision was taken as a...
Business
Business
Red Sea Global launches Saudi’s first seaplane company
TABUK, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations -...
- Fly Red Sea aims to transport guests to various resorts scattered among the islands of Red Sea Destination.
- These resorts include St. Regis Red Sea Resort and Nujuma, Ritz Carlton Reserve, which would be inaugurated later in 2023
Geostrategy
Visa-free Russia travel on the horizon for Saudi, Oman, Bahrain, Malaysia, Kuwait
Sochi, Russia -.Starting in 2024, travelers from Saudi Arabia, Oman, Kuwait, Malaysia and Bahrain may no longer need tourist visas...
- Russia and China have been ready to receive groups of visa-free tourists on a reciprocal basis
- Visa-free group tourism was also launched between Russia and Iran on August 1
Business
Hotels in UAE generate revenues of US$7bn in first seven months, says minister
ABU DHABI, UAE - In the first seven months of the year, hotel establishments in the UAE generated revenues of...
- Hotel establishments in the country hosted 16 million guests in in the first seven months of 2023, said the UAE economy minister.
- Some 56 million hotel nights have been booked while the occupancy rate reached 75 percent from January to July.
Geostrategy
Saudi Arabia to enhance air connectivity to over 250 destinations by 2030
RIO DE JANEIRO, BRAZIL - A delegation led by President of the General Authority of Civil Aviation (GACA) Abdulaziz bin...
- The Kingdom plans on carrying 330 million passengers annually and raising freight capacity to 4.5 million tons by 2030.
- Saudi Arabia and the Dominican Republic also signed agreements on air transport services between the two countries.
Geostrategy
Russia plans visa-free travel with Latin American countries
MOSCOW, RUSSIA – A senior Russian official said that they intend to move towards visa-free travel with all countries of...
- The Director of the Russian Foreign Ministry’s Latin American Department said that visa-free travel with all Latin American states is an achievable goal.
- The statement on visa-free travel was made by the senior diplomat on the sidelines of the "Russia - Latin America" conference.
Arts & Culture
Producer Baz Luhrmann to be head of jury at Red Sea International Film Festival 2023
JEDDAH, SAUDI ARABIA - The Red Sea International Film Festival has said that internationally renowned writer, director and producer Baz...
- The festival's third edition will take place from November 30 to December 9 in Jeddah.
- The event will showcase movies from filmmakers from the Arab region, Asia and Africa.
Economy
Innovation steers Middle East through tourism swings
Facing tourism seasonality challenges, the region diversifies offerings, enhances infrastructure, and collaborates, for year-round success despite temperature fluctuations.
- The Middle East combats tourism seasonality and temperature challenges with innovative strategies for consistent year-round appeal
- Using diversified tourism, improved infrastructure, and collaboration, destinations can maximize off-peak season benefits in the region
Geostrategy
China grants Approved Destination Status to Saudi Arabia
RIYADH, SAUDI ARABIA – China on Tuesday granted Approved Destination Status (ADS) to the Gulf Kingdom.The bilateral agreement, signed on...
- The bilateral pact allows Chinese citizens to travel to Saudi Arabia in group tours in addition to facilitating greater ease of access.
- ADS will drive greater connectivity between Saudi Arabia and China and unlock new opportunities across the tourism ecosystem.
Arts & Culture
Chinese President Xi Jinping declares biggest-ever Asian Games open
Chinese President Xi Jinping opened the 19th Asian Games in a colourful ceremony in Hangzhou, launching a two-week sporting extravaganza...
- In front of Syrian President Bashar al-Assad and other visiting leaders, Xi officially opened the Games at the 80,000-capacity Hangzhou Olympic stadium.
- The theme of the ceremony was water and it also celebrated Hangzhou's ancient history and landscape.
Geostrategy
$15m paid in compensation to passengers in 2021-22 in Saudi Arabia, says GACA
RIYADH, SAUDI ARABIA - The General Authority of Civil Aviation (GACA) said that national airlines in the Kingdom have issued...
- These compensations were given primarily to deal with issues such as delays, loss of luggage, flight cancellations.
- GACA aims to ensure that passengers are well-informed about their rights and can easily obtain refunds as per the regulations.
Pre-Covid travel industry arrival figures are back but venture capital is experiencing delays
The global tourism industry has turned the clock back to 2019 before COVID created a massive hole in worldwide passenger...
Company News
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‘Dubai, Abu Dhabi, Riyadh, Bahrain have reinforced position as top GCC tourist spots’
GCC region is a hidden gem, offering a distinct blend of Arabic culture and history, Fahim Jalalli, CEO of Kanoo...
Meet Middle East tourism’s power players
Tourism industry accounts for 9 percent of GCC region's GDP and it is expected to grow annually at 7.7 percent....
Business
Tehran, Baghdad to launch maritime passenger transport line
TEHRAN, IRAN – Iran and Iraq will launch the first maritime passenger transport line within the next two months, an...
Geostrategy
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Business
ADIO and Dustour Marine to drive tourism activities in Abu Dhabi
Abu Dhabi, UAE -- Abu Dhabi Investment Office (ADIO) is collaborating with Dustour Marine Wooden Boats Trading Establishment to establish...
- Located in Rabadan, the new Al Jaddaf project will provide a comprehensive sea paddle infrastructure tailored for boats.
- The 79,595 sqm project will encompass buildings dedicated to boat maintenance and repair, a center for boat buying and selling, a shop catering to fishermen supplies
Business
flynas receives 50th jetliner out of 120 Airbus A320neo ordered
RIYADH, SAUDI ARABIA – flynas, the Saudi air carrier and the leading low-cost airline in the Middle East and the...
- The deal with Airbus was a strategic step for flynas, consolidating its position as a leading low-cost airline in the Middle East.
- The company is moving forward in its plan to double the fleet size after getting approval to purchase 250 aircraft.
Economy
GCC tourism growth skyrockets as diversification drive gains momentum post-Covid
GCC countries collaborate on comprehensive tourism strategy, leading global recovery post-pandemic with remarkable growth rates and ambitious plans for sustainable...
- Four years on, the GCC has not just recovered faster than was expected, but it has also led the global tourism recovery with a 122% surge in arrivals in 2023 compared to 2019
- The region has assiduously worked for it with its two major economies, Saudi Arabia and the UAE, embarking on economic diversification with tourism one of the thrust areas