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Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Middle East plays well to become sports tourism hub

Major events such as Qatar World Cup 2022, Formula 1 Abu Dhabi Grand Prix, etc. will give Gulf tourism a...
  • Major events such as Qatar World Cup 2022, Formula 1 Abu Dhabi Grand Prix, etc. will give Gulf tourism a boost in the last quarter of this year, according to a latest report
  • Amongst the GCC countries, the UAE, Saudi Arabia, and Qatar will see the majority arrival of travelers mainly from Asia, Europe, the Americas, Africa, and the UK, the report added

Saudi Arabia urges cooperation in tourism for sustainable future

Riyadh, Saudi Arabia - Saudi Minister of Tourism Ahmed bin Aqeel Al-Khatib said more cooperation is a must for sustainable...
  • Saudi Minister of Tourism Ahmed bin Aqeel Al-Khatib said the cooperation includes facing the issues spawned by Covid pandemic.
  • Al-Khatib said the tourism sector is “more capable of providing wealth and opportunities in places where they are most needed.”

Saudi Tourism Authority organizes promotional tour in GCC countries

The tour came within the framework of the kingdom’s efforts to promote tourism destinations, attract tourists from the region and...
  • The tour came within the framework of the kingdom’s efforts to promote tourism destinations, attract tourists from the region and regional markets
  • Earlier, Saudi Arabia passed a new tourism law which is expected to accelerate the development of an internationally competitive tourism sector

High-level UAE economic delegation visits Georgia

A UAE economic delegation led by Minister of State Ahmed Ali Al Sayegh visited Tbilisi, Georgia.
  • UAE-Georgian economic relations have witnessed remarkable development in recent years.
  • Total non-oil trade between UAE and Georgia in 2020 and 2021 grew by 52 percent to reach US$223 million.

UAE earns $5bn from tourism in H1, expects more from World Cup

A strong performance is expected this winter when neighboring Qatar hosts football's World Cup. Hotel occupancy was up more than...
  • Dubai airport, the world's busiest for international travel pre-pandemic, handled 27.8 million passengers in the first half of this year.
  • A quick vaccination roll-out allowed the UAE to bounce back quickly from the pandemic, enjoying a sharp uptick in visitors as Dubai.

Saudi delegation visits Jordan’s Petra to enhance cooperation

A delegation from Saudi Arabia's Royal Commission for AlUla (RCU) visited Petra on Tuesday to advance cooperation between the two...
  • PDTRA Chairman briefed the Saudi delegation on the authority's efforts to develop tourism in Petra.
  • The delegation toured the rose-red city and looked firsthand at the Petra By Night program, the flying taxi and other projects.

Saudi Arabia eases visa rules for GCC, US, UK, EU residents

The regulations came into effect after the minister of tourism Ahmed Al-Khateeb signed on a ministerial decree, making it easier...
  • The regulations came into effect after the minister of tourism Ahmed Al-Khateeb signed on a ministerial decree, making it easier to visit the oil-rich kingdom
  • The ministerial decree removes the requirement of many would-be visitors to attend their country's embassy before entering Saudi Arabia

Sharjah Chamber set to organise ‘Al Maleh and Fishing’ Festival

The Sharjah Chamber of Commerce and Industry (SCCI) has announced it will be organizing "Al Maleh and Fishing" Festival in...
  • The SCCI added that all preparations are in place, and the festival is scheduled to begin on September 8, 2022, in Dibba Al Hisn City.
  • The four-day event will involve the participation of several government entities and private sector companies.

Moscow warns EU against restricting Russian tourists

The Kremlin on Tuesday warned it would respond if the European Union makes it harder for Russians to travel to...
  • The idea to ban Russian tourists from Europe has divided EU nations, with some in full support and some against it.
  • The European Union had already suspended visa facilitation for Russian official delegations and business leaders.

Beckham to promote Qatar attractions in tourism push ahead of FIFA World Cup

As part of the campaign, Beckham tours the country with several local personalities, exploring spice markets and street art in...
  • As part of the campaign, Beckham tours the country with several local personalities, exploring spice markets and street art in the Gulf nation
  • The campaign will highlight Qatar’s potential as a destination for quick weekend getaways and stopover packages being offered to transit travellers

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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SeaWorld Yas Island, Abu Dhabi wins Guinness World Records

ABU DHABI, UAE – SeaWorld Yas Island - the region’s first Marine Life Theme Park here -, has won a...

Saudi RCU begins rock excavation for Sharaan Resort in AlUla

ALULA, SAUDI ARABIA – The Royal Commission for AlUla (RCU) has marked a significant milestone in the development of the...

Hotel Dar Tantora is inspired by Saudi’s AlUla ancient mudbrick buildings

ALULA, SAUDI ARABIA – Situated in the heart of Old Town here, Dar Tantora Hotel offers guests a chance to...

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RSG, Hyundai Motor ink pact

The two firms will explore opportunities in various areas.
  • The two parties will focus on validating and deploying Hyundai Motor Group's eco-friendly mobility solutions.
  • They will explore future mobility solutions, such as autonomous vehicles, Advanced Air Mobility and maritime vessels.

World’s only Dragon Ball theme park launched in Saudi Arabia’s Qiddiya City

RIYADH, SAUDI ARABIA – The Board of Directors of the Qiddiya Investment Company (QIC) revealed on Sunday the launch of...
  • Nestled within Qiddiya City, just 40 minutes from Riyadh, this never-seen-before anime theme park is set to become a spectacle.
  • Inspired by the seven legendary Dragon Balls, visitors can navigate seven distinctively themed zones within the park.

Saudi Arabia set to leap into space tourism by 2026

Madrid-based Halo Space Company has selected Saudi Arabia as its launch site for space tourism, offering tours at $164,000 per...
  • Madrid-based Halo Space Company selects Saudi Arabia as its launch site for space tourism, offering tours at $164,000 per person for a stratospheric Earth view.
  • In June, a trial flight will take passengers 32 kilometers above Earth, using a helium balloon for an accessible adventure without the need for special training.