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ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Aramco signs $11bn deal

The deal involves its Jafurah gas facilities.

Saudi Arabia achieves 73 percent increase in international tourist arrivals: UN report

The kingdom welcomed 17.5 million international tourists in the first seven months of 2024, leading G20 nations in tourism growth...
  • According to the Saudi Press Agency (SPA), the Kingdom continued to top the list of G20 countries in the indicators of the growth rate of the number of international tourists
  • The Kingdom's various tourist destinations have witnessed a significant rise in international tourist numbers this year, with the number of tourist arrivals reaching 17.5 million

GACA report: Riyadh’s King Khalid Airport ranked best for 15M+ passengers

Riyadh, Saudi Arabia - King Khalid International Airport in Riyadh secured the top spot in the category of airports with...
  • Airports are assessed based on 11 operational performance standards, which align with strategic objectives to enhance services and ensure a seamless traveller experience
  • GACA categorizes airports for performance evaluation based on annual passenger numbers, ensuring a transparent approach

‘Saudi Arabia’s tourism sector to achieve 150 million visitors by 2030’

Saudi Arabia isn't aiming to be the next Dubai but is forging its own unique path in tourism," Aradhana Khowala...
  • In recent years, Saudi Arabia has invested $800 billion in tourism, and just in the first 6 months of 2024, the country welcomed 60 million tourists, Aradhana Khowala tells TRENDS
  • Nearly 50% of those involved with Red Sea Global are locals, which highlights an important shift from the old model of relying on imported, inexpensive labor, she notes

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...
  • The flight, usually a non-stop 17-and-a-half hour journey, will now refuel in Singapore, allowing it to carry a full load of passengers on a route that avoids contested air space
  • The region is bracing for a military retaliation from Iran against Israel, following the killing of Ismail Haniyeh, the political leader of the Palestinian group Hamas

Saudi Arabia leads GCC travel growth to India with a 40% rise in flight searches: report

Riyadh, Saudi Arabia - Wego, the leading travel app and largest online travel marketplace in the Middle East and North...

Saudi bid to host 2034 World Cup positions Kingdom as global center for top sports events

Saudi Crown Prince Mohammed bin Salman announced the Kingdom’s bid to host the 2034 FIFA World Cup. He said this...
  • Saudi topped the UNs’ list for highest growth in international tourist numbers in 2023
  • FIFA is set to confirm Saudi Arabia as the host for the 2034 event in December

Jordan’s Umm al-Jimal added to UNESCO heritage list

Amman, Jordan - Jordan's Umm al-Jimal village has been added to UNESCO's World Heritage List, in a move hailed on Sunday...
  • The village is near the Jordanian-Syrian border, 86 kilometres north of Amman, and is known as "the black oasis" due to the prevalence of black volcanic rock in the area
  • The village was first settled by the Nabataean peoples in the first century AD and later occupied by the Romans, becoming an important agricultural and commercial village

IOC creates historic Olympic Esports Games with 2025 launch in Saudi

History was made today when the International Olympic Committee (IOC) decided to create Olympic Esports Games. The first edition will...
  • Saudi already has over 23.5 million gamers, of whom almost half are females
  • Saudi has hosted over 1,700 elite players from over 80 countries over the last two years

Paris prepares warm Olympics welcome — except for rats

While the Paris Olympics is set to be a festival of socializing and intermingling, city authorities are keen for visitors...
  • Boulevards and squares have been thoroughly spruced up, with many historic buildings given a makeover
  • "Where there were areas with lots of rats, we put traps in place ahead of the Games" - French Deputy Mayor

Moonlit scramble across the sand for Turkey’s booming baby turtle population

Manavgat, Turkey - The baby loggerhead sea turtles emerged from their eggshells and began their first challenge in life: a wobbly...
  • It is a perilous journey into the unknown for the sea turtles as only about one in 1,000 hatchlings will survive to adulthood
  • Despite grave threats from humans and predators such as birds, crabs and ants, protection measures are bearing fruit on Turkey's southern coast

A shadowy tourism deal puts one of Egypt’s last wild shores at risk

Thousands signed a petition to "Save Hankorab" after discovering a contract between an unnamed government entity and an investment company...

Latest News

‘Authenticity, experiences, culture, generational and solo travel to lead tourism trends’

Visit Saudi, experience the warmth, generosity and hospitality of the people, Jerry Inzerillo tells TRENDS in an exclusive interview.

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...

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...

Most Read

Qatar outpaces Saudi Arabia and UAE in tourism growth with 147% surge

Doha, Qatar - Qatar has emerged as the leading player in the Middle East tourism sector, boasting an impressive 147%...
  • The surge in tourism can be attributed to Qatar's strategic investments in luxury offerings, and a visa-free entry policy for citizens of 102 countries
  • Qatar has effectively leveraged high-profile events like the FIFA World Cup to enhance its global tourism profile, alongside significant infrastructure development

Saudi Arabia achieves 73 percent increase in international tourist arrivals: UN report

The kingdom welcomed 17.5 million international tourists in the first seven months of 2024, leading G20 nations in tourism growth...
  • According to the Saudi Press Agency (SPA), the Kingdom continued to top the list of G20 countries in the indicators of the growth rate of the number of international tourists
  • The Kingdom's various tourist destinations have witnessed a significant rise in international tourist numbers this year, with the number of tourist arrivals reaching 17.5 million

GACA report: Riyadh’s King Khalid Airport ranked best for 15M+ passengers

Riyadh, Saudi Arabia - King Khalid International Airport in Riyadh secured the top spot in the category of airports with...
  • Airports are assessed based on 11 operational performance standards, which align with strategic objectives to enhance services and ensure a seamless traveller experience
  • GACA categorizes airports for performance evaluation based on annual passenger numbers, ensuring a transparent approach