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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 Health Authority, Visa sign MoU to enhance health tourism

The Dubai Health Authority recently signed a Memorandum of Understanding (MoU) with Visa with the aim of enhancing Dubai's competitiveness...
  • Visa cardholders would be given exclusive discounts on medical services by by members of the Dubai Health Experience
  • The cardholders will be able to choose a range of medical services, book appointments and plan their treatment itineraries

Global medical and recovery tourism worth $100bn annually: Official

The revenues of the medical and recovery tourism, globally, is around $100 billion annually, said Bandar Al Fihaid, President of the...
  • Bandar Al Fihaid, President of the Arab Tourism Organization (ATO) said this in a report.
  • The ATO president also said that Arab tourists expenditure amounts to nearly $30 billion.

Saudi citizens’ US visitor visas validity raised to 10 years

The United States Mission to Saudi Arabia has announced that Saudi citizens visitor visas (B1/B2) validity has been increased from...
  • The visitor visas (B1/B2) validity has been increased from five to 10 years and will be applicable from August 1, 2022
  • The decision on the visas has been taken in cooperation with the Saudi government on a reciprocal basis

Kuwait asks its citizens to leave turmoil-hit Sri Lanka at the earliest

Kuwait's Foreign Ministry has called on nationals who are currently in Sri Lanka to keep away from protest areas, heed...
  • Kuwait also advised nationals who are planning to travel to Sri Lanka to postpone their trips.
  • It encouraged Kuwaitis in Sri Lanka to call the embassy or the ministry if they seek any help.

Festivals, guesthouses breathe life into Old Tunis, boost tourism

The government has this month begun bailout negotiations with the International Monetary Fund, as its tourism and import-dependent economy has been...
  • Under the Hafsids, Tunis was one of the biggest cities in the Islamic world, and their legacy has remained in the form of narrow, crowded souks.
  • The district also has some two dozen small souks devoted to specific artisans such as tanners, perfume sellers and shoemakers.

Dubai tourism achieves robust growth in 2022

The sector recovered fast in the emirate after the easing of Covid-19 restrictions, registering a 203 percent increase in the...
  • The increased flow of tourists helped improve hotel occupancy across the emirate, which reached 76 per cent during the period, the highest globally in Q1.
  • Successful handling of the pandemic, a safe environment for travelers and world-class infrastructure have contributed towards the rising tourist inflow.

Summer break, Eid push up Saudi air ticket prices

The kingdom, which has 15 domestic airports, is witnessing a significant increase in the prices of domestic flights, ranging between...
  • Saudi Arabia's domestic airports are witnessing active travel due to the summer break and Eid al-Adha
  • There has been an increase in the prices of domestic flights tickets, ranging between 32% to 314%

Sri Lanka appeals Russia for fuel and resumption of tourist flights

Sri Lanka is facing its worst economic downturn since it gained independence from Britain in 1948.
  • The Island nation has suffered months of blackouts, rampant inflation and critical shortages of food and petrol.
  • Russia and Ukraine were among the top sources of tourists for Sri Lanka before February's conflict began.

Shark kills 1 Austrian, 1 Romanian tourist in Egypt’s Red Sea

Two women, one Austrian and the other Romanian, were killed in a shark attack this week off the coast of...
  • The Red Sea is a popular tourist destination, where sharks are common but rarely attack people swimming within authorised limits
  • In 2018, a Czech tourist was killed by a shark off a Red Sea beach and a similar attack killed a German tourist in 2015

Jeddah Season 2022 concludes, 6m visitors attend events

Jeddah Season 2022 lasted for 60 days and was full of exciting shows, programs, activities that took place in 13...
  • Jeddah Season this year lasted for 60 days and it was full of exciting shows
  • The shows, programs and activities took place across 13 locations in Jeddah

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...

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Salik revenue soars to US$574m

Toll usage revenue rose 11.7% YoY to US$502million.

Dubai International Boat Show helps in marine business

DUBAI, UAE – Dubai International Boat Show has wrapped up following a hugely successful week of high-value boat sales, important...

Young Iraqis seek desert retreats for a change from the hustle of big cities

SAMAWAH, IRAQ – Far from the hustle and bustle of major cities, young Iraqis are increasingly taking advantage of a renewed...

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SCC committee discusses issues related to Sharjah’s economy and tourism

SHARJAH, UAE - The Financial, Economic and Industrial Affairs Committee of Sharjah Consultative Council (SCC) held a meeting to discuss...
  • The committee addressed the outcomes of its recent visit to Sharjah Commerce and Tourism Development Authority.
  • The committee was briefed about the authority’s efforts to stimulate tourism by conducting events throughout the year.

ATO partners with ISM to boost tourism in the Middle East

Jeddah, UAE--The Arab Tourism Organization (ATO) has signed a partnership agreement with the International Strategic Management (ISM) company to achieve...
  • The ISM will collaborate with the ATO to achieve its goals, harmonizing them with the Arab League's Sustainable Development Plan
  • The partnership between the ATO and ISM will enable the Arab countries to develop tourist destinations to achieve sustainable development

Archaeological sites discovered in Southern Saudi Arabia

ABHA, SAUDI ARABIA  - The Heritage Commission announced its most prominent discovery in Jurash, Asir region, as one of the...
  • These were the result of strenuous excavations that took place in 2023.
  • Residential units whose walls were built with stones and clay were revealed.