Tourism

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

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

Sharjah a vital tourist destination, says business body

The Sharjah Chamber of Commerce & Industry organized a business meeting with the Embassy of the Republic of North Macedonia...
  • Sharjah Chamber of Commerce & Industry organizes a meeting with North Macedonia Embassy in the UAE
  • In the meeting with a North Macedonia delegation, SCCI promotes the emirate’s tourism potential

Saudi Arabia lifts travel ban on Turkey, India, Ethiopia, Vietnam

The decision was based on the findings of the competent health authorities about the epidemiological situation in these countries.
  • The decision was based on the findings of the competent health authorities about the epidemiological situation in these countries
  • Earlier this month, the kingdom lifted measures intended to prevent the spread of the virus, such as the requirement to wear face masks indoors

Qatar receives highest number of international visitors in May

The international arrivals in Qatar exceeded 166,000 people in May, making it the month with highest number of visitors in...
  • The figures represent more than a quarter of all visitors in the first five months of 2022.
  • The year-to-date total (580,000) is fast reaching the overall arrivals figure of 2021 (611,000).

Sharjah, Hungary discuss cooperation in cultural field

A high-level Sharjah's Department of Government Relations delegation was in Hungary to discuss mutual investment opportunities and outline ways to...
  • Chairman of Sharjah's Department of Government Relations expresses his admiration for the Liget Budapest project
  • The project aims to renew Budapest’s most iconic public park while fully respecting its 200-year-old heritage

Pre-Covid travel industry arrival figures are back but venture capital is experiencing delays    

The global tourism industry has turned the clock back to 2019 before COVID created a massive hole in worldwide passenger...

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Bahrain and France sign MoU to boost tourism education

Lyon, France--Vatel Hotel and Tourism Business School Bahrain signed a memorandum of understanding (MoU) with EKLYA School of Business in...

Diriyah unveils 20,000-seat arena in $63bn Saudi masterplan

Diriyah, Saudi Arabia -  Saudi Arabia, has revealed plans for "The Arena in Diriyah," a monumental 76,000-square-meter lifestyle facility set...

Saudi Tourism Authority, Trip.com Group sign global agreement

BERLIN, GERMANY – Saudi Tourism Authority (STA) and Trip.com Group have announced a significant global partnership, which will drive greater...

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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...
  • The exhibition is recognized as one of the most influential boat shows in the world.
  • The exhibition has wrapped up following a hugely successful week of boat sales.

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...
  • For years, only the most intrepid of hikers and campers would brave the trips into Iraq's desert.
  • With the rise of social media and a period of relative stability, it has become a popular destination.

Bahrain to support ‘Arab tourism’ in order to boost cultural integration

Manama, Bahrain--Bahrain will support Arab tourism in order to enhance social, cultural and historical integration among Arab people, according to...
  • The minister told media the exercise would advance the contribution of the tourism sector to Arab countries’ national development
  • She said the kingdom will strengthen its position as an ideal destination for sustainable tourism in light of the diversity of its tourism services