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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.

PIF sets up tourism firm Asfar

Firm Saudi Tourism Investment Company has been set up.
  • The company will invest in new tourism projects and develop attractive destinations with hospitality, tourist attractions.
  • The company will leverage Saudi Arabia’s unique strategic location between the three continents of Asia, Africa and Europe

Will climate change hit Mediterranean tourism?

In Spain, the thermometer has shot 15 degrees above normal summer season levels. Italy has also laboured under heatwaves with...
  • In Greece, thousands of tourists have been evacuated in recent days from the islands of Rhodes and Corfu which have been ravaged by fires
  • According to a recent note from Moody's, "heatwaves may reduce Southern Europe's attractiveness as a tourist destination in the longer term

Travel companies give wings to Saudi tourism aspirations

Fueling this ambition is an intricate web of travel companies, including tour operators, airlines, accommodation providers, cruise lines, and destination...
  • The Kingdom, aiming to draw 100 million yearly visitors by 2030, is planning to invest over US$1 trillion in tourism over the next decade
  • Travel companies play a key role in promoting Saudi tourism, developing packages, and collaborating with public sector entities

Arabian Nights in Malaysia: Middle Eastern cuisine and adventure await Arab tourists

Malaysia's Bukit Bintang district offers a delightful fusion of Middle Eastern cuisine and bustling tourist attractions to charm Arab travelers.
  • Authentic Arab food, especially the Levantine variety, in Bukit Bintang is as easily available as in Doha or Kuwait
  • Presence of Yemeni-themed restaurants not only enhances the cuisine scene but pays homage to Malaysia's historical connections with Yemen

Saudi Arabia harnesses technology to boost tourism sector

VR and AR technologies offer tourists pre-visit virtual explorations of cultural and natural sites, driving engagement and anticipation. Onsite, the...
  • Technologies such as Virtual Reality, Augmented Reality, E-visas, and e-payment systems are enhancing the tourist experience in the Kingdom, say experts
  • NEOM, which epitomizes Saudi Arabia's innovative approach, is set to become a global showcase of advanced design and digital experiences, they add

Louvre Abu Dhabi displays new collection of artworks from across the world

ABU DHABI, UAE – The Louvre Abu Dhabi has displayed new acquisitions including three artworks by Pablo Picasso alongside loans...
  • The artworks complement the museum’s narrative and enrich its collection and serve as windows into different eras, civilisations and artistic movements.
  • Each item tells a unique story, shedding light on the richness of human creativity and the timelessness of artistic expression.

Saudi Catering, RSG ink pacts

The contracts are valid for 20 years, said Saudi Catering.
  • The first contract includes the design, building, operation and transfer of a central laundry to serve hotels, resorts as well as other facilities.
  • The second contract includes the design, building, operation and transfer of a central production unit for catering and facilities management services.

Saudi tourism magnets: Oasis, bustling cities

New tourism framework has been enacted, refining regulations and systems to lure investors, boost competitiveness, and elevate service quality in...
  • Masmak Fortress in Riyadh, another major attraction, was once the home of the Saudi royal family. It is now a museum that tells the story of the founding of the Kingdom.
  • The once-closed Kingdom has relaxed some of the country's social and religious laws, making it easier for tourists to visit.

Cruise visitors to Qatar in 2022-23 rise 151 percent

DOHA, QATAR -  New data from Qatar Tourism (QT) revealed that the country welcomed 253,191 cruise visitors during its 2022-23...
  • Qatar has seen a steady increase in cruise ship arrivals and passenger numbers, and the industry is poised for further growth in the seasons to come.
  • In 2022-23 season, most cruise passengers originated from Germany (31 percent), Italy (10 percent), Russia (6 percent) and the United Kingdom (3 percent).

UAE discusses tourism with India, UK, Indonesia and Japan

NEW DELHI, INDIA - UAE Minister of Economy and Head of the Emirates Tourism Council Abdullah bin Touq Al Marri...
  • The UAE is keen on developing tourism ties with countries and building partnerships in fields that supports economic, social growth and prosperity.
  • The UAE had adopted a forward-looking vision to develop a distinguished tourism sector at the regional and global levels.

Dakar Rally Saudi Arabia 2025 kicks off Friday with over 800 competitors

Riyadh, Saudi Arabia -- The Dakar Rally 2025, the largest and longest race in the world of motorsports, is set...

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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...

DWTC welcomes 2.47m visitors in 2023, says EVP

DUBAI, UAE – Executive Vice President, Dubai World Trade Center (DWTC)  Mahir Julfar said that the DWTC's performance in 2023...

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...

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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

New shipping service in Saudi Arabia launched

RIYADH, SAUDI ARABIA - The Saudi Ports Authority (Mawani) has announced the addition of the new shipping service 'NRS' by...
  • The NRS shipping service will link Jeddah Islamic Port to Yanbu Commercial Port, Neom Port, Aqaba Port in Jordan, and Sokhna Port in Egypt.
  • This will further establish the Kingdom's position as a global logistics hub that bridges three continents,

Rotana announces the soft opening of Dar Rayhaan in Saudi Arabia

Abu Dhabi, UAE – Rotana, one of the leading hotel management companies in the region with over 100 properties in...
  • This is in line with Rotana’s ambitious goal of launching eight properties in Saudi Arabia.
  • Dar Rayhaan by Rotana offers 133 keys, including 113 rooms and 20 suites,