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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.

Dubai tourist visa: 10-day overstay grace period abolished

Dubai, UAE - Dubai has scrapped the 10-day grace period for visitors whose tourist visas have expired, Arabian Business reported...
  • Previously, individuals who overstayed their visas were allowed an additional 10 days in Dubai before facing penalties
  • This means it is crucial for visitors to ensure their visas are valid and to apply for an extension if necessary to avoid penalties

Ajman hotels posts 3% increase in revenues in Q1 2023

AJMAN, UAE - Ajman hotels and serviced apartments recorded a three percent growth in hotel revenues in the first quarter...
  • Ajman tourism is looking for new ways to collaborate with local and international partners to advance the tourism sector by attracting new investments.
  • The emirate of Ajman hosts 44 hotel establishments ranging from 1-star to 5-star hotels, resorts and luxury hotel apartments with 3,997 hotel rooms.

Hyatt to develop tourist destinations in Saudi Arabia

Riyadh, Saudi Arabia - Saudi Arabia’s Tourism Development Fund (TDF) has announced the signing of a Memorandum of Understanding with...
  • The destinations may include beach and urban hotels, as well as mountain, desert and farm retreats
  • They will be developed under Hyatt’s existing trademarks, such as Alila Resorts, Park Hyatt, Grand Hyatt etc

73.1m tourists to Saudi Arabia spent $35.54 billion in 9M 2022

Riyadh, Saudi Arabia -- Nearly SAR 133.3 billion ($35.54 billion) were spent in the first nine months of 2022 by...
  • Saudi Arabia's Ministry of Tourism defines a tourist as every visitor (domestic, inbound or outbound) with an overnight stay in the place visited.
  • Saudi Arabia ranked second on the list of the fastest-growing tourism destinations in the first quarter of 2023, according to the latest data from World Tourism Organization.

Saudi Arabia ranks 2nd fastest growing tourism destination in world

The kingdom received about 7.8 million international tourists for all purposes during the first quarter of 2023, representing its highest...
  • The kingdom also became 13th globally, advancing by 12 places, as one of the top countries receiving international tourists in 2022
  • The number of international tourists who visited the kingdom, for all travel purposes, hit 16.6 million in 2022, WTO reported

Three new beaches for night swimming open in Dubai

Dubai, UAE - Dubai has given a boost to its beach tourism by opening three new beaches for night swimming...
  • The 800-metre-long night-swimming beaches feature lighting systems, which enable residents and tourists to swim around the clock.
  • The emirate’s wide diversity of beaches provide people the opportunity to enjoy vibrant seaside dining and diverse activities, WAM reported.

Global tourism industry is on track to reach pre-pandemic levels

MADRID, SPAIN -  The World Tourism Barometer published its second report of the year, which showed that international tourism is...
  • During Q1 2023, twice as many people traveled internationally than in the same period of 2022, with 235 million estimated tourists.
  • The report revealed that international arrivals have reached 80 percent of pre-pandemic levels in the first quarter of 2023.

Saudi Arabia launching tourism projects worth $400m

Riyadh, Saudi Arabia - Saudi Arabia is launching tourism projects worth SAR 1.5 billion ($400 million) in the targeted destinations...
  • The Saudi Ministry of Tourism has sponsored ‘The Collective’ initiative launched by Kerten Hospitality, a hotel investment firm, to establish its projects under one umbrella
  • The announcement represents an important step toward achieving the objectives of the national tourism strategy by developing quality hospitality facilities

GCC considers unified visa system to boost tourism

Ministerial-level talks are underway among the GCC nations to achieve a single visa agreement, says Bahrain's Tourism Minister Fatima Al...
  • Ministerial-level talks are underway among the GCC nations to achieve a single visa agreement, says Bahrain's Tourism Minister Fatima Al Sairafi during an event in Dubai
  • The unified GCC visa strategy aims to boost tourism sector's contribution to GDP, create employment, enhance competitiveness and ensure sustainability of the industry

Abu Dhabi named smartest city in MENA region and 13th globally

Abu Dhabi, UAE - Abu Dhabi has been named the smartest city in the Middle East and North Africa (MENA)...
  • The study surveyed 120 residents in each of the 118 cities and evaluated infrastructure and digital services available to them
  • It focussed on five main pillars: health and safety, mobility, activities, work and education system, and governance.

Is AI front and center in the future of Aviation?

AI will play a key role in aviation but aircraft manufacturing troubles are casting darker shadows over profitability post-COVID-19. The...

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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...

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...

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...

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Global football stars choose Red Sea destination for holiday

TABUK, SAUDI ARABIA – A few days ago, the Red Sea destination hosted several international football stars from Saudi Pro...
  • Among the football stars were Cristiano Ronaldo, Fabinho Tavares, Roger Ibanez and Roberto Firmino.
  • They also engaged in various water sports and marine activities, making the most of their time.

Qatar looks to boost tourism sector by streamlining regulations

Doha, Qatar-- Qatar is looking to develop "plans and strategies" to streamline procedures and regulations in order to solve solve...
  • Chairman of Qatar Tourism Saad bin Ali bin Saad Al Kharji said Qatari tourism sector has witnessed significant development in recent years
  • Al Kharji said that it is one of the main pillars of the state's strategy for economic diversification under the Qatar National Vision 2030

Middle East to receive millions of Chinese tourists lost in Covid pandemic

Dubai, UAE-- Outbound travel from China is estimated to almost double this year, compared with 2023 and will only be...
  • The Middle East will be the first region globally to recover its Chinese inbound market with full recovery expected in 2025
  • According to data from the Chinese travel site Trip.com, bookings for overseas travel during Chinese New Year, soared by 540%