Search Site

Trends banner

Tourism

TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

Saudi youth excel in event management in Jeddah Season

Saudi youth make their mark in event management during Jeddah Season where they comprise over 80 percent of the workforce...
  • Saudi youth are over 80 percent of the workforce in event management in Jeddah Season
  • Saudi youth demonstrate their ability and success to manage and organize events

Qatari, Swiss firms discuss investment prospects in medical tourism

The two countries will celebrate 50 years of diplomatic relations in 2023, which includes organizing events like car exhibitions, and...
  • Ambassador of Switzerland to Qatar, Edgar Dorig, said there are various opportunities to enhance Qatari-Swiss cooperation in multiple sectors.
  • He noted that the volume of trade between the two countries rose to more than QR 5 billion in 2021, witnessing an increase compared to 2020.

‘Stan Lee Super Con’ exhibition begins in Jeddah, woos fans of superheroes

The activities of the 'Stan Lee Super Con 2022' exhibition begins in Jeddah Superdome in the presence of a number...
  • 'Stan Lee Super Con 2022' exhibition kicks off in Jeddah Superdome in the presence of a number of Hollywood stars
  • There was a large turnout on the first day from fans of international comic characters and visitors

Commercial marinas to issue yacht sailing permits in KSA

Some commercial marinas in Saudi Arabia would be allowed to issue yacht sailing permits which would help develop cruises in...
  • Yacht sailing permits would help in developing and facilitating cruises in the Kingdom’s territorial waters
  • The initiative would ensure support for tourism development and enhance employment in the sector

Saudi Arabia aims to triple foreign tourism in 2022: Minister

Saudi Arabia aims to triple foreign tourism this year as pandemic restrictions ease, hajj pilgrims return and the first elements...
  • The kingdom inaugurated tourist visas in September 2019, just months before the coronavirus pandemic decimated the industry globally.
  • An uptick in domestic travel in 2020 and 2021 –- authorities tallied a record 64 million "domestic visits" last year –- helped save the nascent Saudi tourism sector from collapse.

Interior Ministry launches Makkah Route Initiative in 5 countries

Makkah Route Initiative aims to complete procedures in pilgrims countries with ease including issuing visa electronically, taking biometrics, completion of...
  • Makkah Route Initiative launched as part of Pilgrim Experience Program under the Saudi Vision 2030
  • The Initiative has been launched in Pakistan, Malaysia, Indonesia, Morocco and Bangladesh

Saudi Arabia, Seychelles to expand cooperation in tourism sector

Saudi Arabia and Seychelles will form a partnership to boost cooperation and exchange expertize in tourism sector which includes planning,...
  • Saudi’s tourism ministry signed an MoU with the Ministry of Foreign Affairs and Tourism of Seychelles.
  • The MoU aims at supporting the efforts of tourism institutions and associations via holding conferences.

Tourism helps Saudi economy diversify away from oil

The kingdom eyes over 70 million visitors this year as the country jumps from 43rd to 33rd spot on the...
  • Developing the tourism sector is part of the kingdom's plans to diversify the economy away from oil, says Princess Haifa Al Saud
  • The kingdom plans to make the pilgrimage easier, especially after disruption caused by the Covid-19 pandemic, she highlights

Sri Lanka inflation hit seventh consecutive record high in April

Hammered by a foreign exchange crisis, the country's 22 million people have been enduring acute shortages of essentials.
  • National Consumer Price Index rose 33.8 percent year-on-year in April, more than six times the 5.5 percent inflation in 2021.
  • Inflation is likely to rise further in May as fuel price hikes of 35 percent for petrol and 65 percent for diesel.

UAE tourism sector set new record in Q1 2022 : Tourism Minister

Tourism is deemed one of the future sectors and a key focus area in the UAE’s development vision for the...
  • According to tourism figures for Q1 2022, the country's hotel establishments attracted nearly 6 million visitors
  • The average duration of hotel guest stays reached 25 percent during the same period, up from 3 nights to 4 nights

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...

Company News

Latest News

Newly restored tomb of Neferhotep in Luxor opens to tourists

Cairo, Egypt -- After more than two decades of restoration, the tomb of Neferhotep, a high-ranking 18th dynasty senior official...

Scientists in UK create new fusion record

LONDON, UK - Scientists in Britain announced on Thursday they had smashed a record for generating fusion energy in the final...

Saudi more than doubles tourism target by 2030, says minister

Riyadh, Saudi Arabia - Saudi Arabia drew 27 million foreign tourists in 2023 and has more than doubled its goal for...

Most Read

Royal Commission for AlUla chief held for abuse of power, money laundering: report

Riyadh, Saudi Arabia - The CEO of the Royal Commission for AlUla, Eng. Amr Al-Madani, has been arrested on charges...
  • The Oversight and Anti-Corruption Authority (Nazaha) reported the arrest, stating that Eng. Amr Al-Madani's partners in a company were also apprehended
  • Despite formally leaving the company upon joining the government, Al-Madani is accused of retaining ownership and influencing the Royal Commission to recommend deals

Saudi Arabia launches global tourism campaign featuring Messi

Riyadh, Saudi Arabia -- Saudi Arabia's national tourism brand, "Saudi Welcome To Arabia," has launched a new global marketing campaign...
  • The campaign, called "Go Beyond What You Think," aims to address misconceptions about Saudi Arabia and encourage people to experience the country's cultural transformation.
  • The campaign launch coincides with Messi's upcoming return to Saudi Arabia, where he will play two matches with his club, Inter Miami, against Al Nassr and Al Hilal.

Saudi Arabia’s Red Sea Global deploys robot for Red Sea, Amaala beach cleanup

Riyadh, Saudi Arabia - Red Sea Global, a company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia,...
  • The robot is designed to tackle the plastic waste and other debris
  • It can cover up to 3,000 square meters in just an hour