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AD Ports Group 2024 net profit $484m

The Group's revenue increased 48 percent year-on-year.

TAQA net income $1.93bn in 2024

The company's revenues increased 6.7 percent year-on-year.

ADNOC L&S 2024 net profit $756m

The company's revenue increased by 29 percent to $3.54 billion.

ADNOC Distribution 2024 net profit down 7%

Minus UAE corporate tax, it would have grown by 2.4% to $725m

Maaden raises $1.25bn in sukuk offering

The Sukuk were offered in a five-year and a 10-year tranche.

Killer heat wave sweeps the globe, hundreds perish

A punishing heat dome continues to intensify over the northeastern United States, scores of record-high temperatures were matched or broken...

Tunisia tourism revenues climb 48% to $200m by April 10

The country’s external debt services went up 5 percent, from nearly TND2 billion ($666.69 million) to about TND2.1 billion ($700.02...
  • Cumulative labor income saw a 15.3-percent rise to TND1.9 billion ($633.71 million) on April 10
  • This was against the TND1.6 billion ($533.42 million) on the same day in 2021

First private mission reaches International Space Station

Axiom sees the voyages as the first steps of a grander goal: to build its own private space station. The...
  • NASA join hands with Axiom and SpaceX to focus on more ambitious voyages deeper into the cosmos
  • ISS will carry out 25 research projects, including an MIT technology demonstration of smart tiles

In a ‘dangerous’ land: tourists trickle back to Iraq

Retirees and YouTubers, on package tours or lugging backpacks, are braving Iraq's still basic tourist infrastructure to visit ancient sites...
  • Western governments still issue travel warnings for tourists heading to Iraq, highlighting the risks from kidnappings and bombings
  • Around 107,000 tourists visited Iraq in 2021, which is three times more than the number in 2020

Saudi Arabia eases rules for US, UK, and Schengen visa holders

The move comes two weeks after the country lifted all Covid-19-related entry restrictions.
  • Citizens of any country can now receive a 12-month tourism visa on arrival in Saudi Arabia without needing to apply in advance
  • However, they will have to hold one of the three visas, and travel on one of the country’s national carriers: Saudia, Flynas, or Flyadeal

Saudi Arabia wants Trojena on global tourism map

Trojena is the new mountain tourism destination whose establishment was recently announced by Saudi Crown Prince Mohammed bin Salman.
  • Trojena aspires to redefine visitors’ and residents’ perceptions of mountain tourism
  • The project will be launched in 2026 and will be located in the heart of NEOM

Five ancient tombs discovered in Egypt’s Saqqara

In January 2021, Egypt unveiled ancient treasures found at Saqqara, including more than 50 wooden sarcophagi dating back to the...
  • Saqqara is a vast necropolis of the ancient Egyptian capital Memphis, a UNESCO World Heritage Site home to more than a dozen pyramids and animal burial sites.
  • The Ministry of Tourism and Antiquities said one of the tombs belonged to a top official named Iry. A limestone sarcophagus and colorful decorations were found in the tomb.

GCC airfares soar as oil prices rise

The amplifying factors include sanctions against Russia’s aviation sector, which cast a global pall over the aviation industry.
  • Several Arab airlines have decided to raise the prices of their tickets slightly
  • Kuwait’s Jazeera Airways increased fares to all destinations from March 7

Liberal young flee to Turkey’s ‘Little Russia’

Thousands have left Russia for Turkey, many paying exorbitant airfares to reach one of the last accessible destinations as Western...
  • Thousands have left Russia for Turkey, many paying exorbitant airfares to reach one of the last accessible destinations as Western sanctions tighten
  • Some have found a place to live in the upscale Istanbul neighbourhood of Nisantasi so beloved of Turkish writer Orhan Pamuk

Emirates to launch daily flights to Israel from June 23

Emirates will offer multiple daily and weekly flights throughout Australia, India, Philippines, Thailand and South Africa, many of which are...
  • Emirates will operate its three-class Boeing 777-300ER on the route, featuring eight private suites in First Class.
  • The new service to Tel Aviv will also provide 20 tonnes of cargo capacity on each flight, providing channels for Israeli businesses.

Playa Hotels inks Saudi resort deal

It will set up facilities along the Arabian Gulf and the Red Sea.
  • Playa signed an agreement regarding the resorts with Saudi’s Tourism Development Fund on Monday
  • This will contribute to enhancing the distinctive tourism experience and create local job opportunities

Killer heat wave sweeps the globe, hundreds perish

A punishing heat dome continues to intensify over the northeastern United States, scores of record-high temperatures were matched or broken...

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Saudi Arabia launches documentary Horizon on wildlife  

RIYADH, SAUDI ARABIA - Konoz, an initiative of the Ministry of Media's Center for Government Communication (CGC), has released a...

NEOM announces Aquellum as futuristic lifestyle community

NEOM, SAUDI ARABIA - The Board of Directors of NEOM has announced Aquellum, a luxury and experiential space embedded within...

Dubai Duty Free achieves all-time record sales of over US$2.16bn in 2023

DUBAI, UAE - The New Year began on a high note for Dubai Duty Free with the announcement of an...

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10m people attend Riyadh Season 2023 events in first 50 days, says report

RIYADH, SAUDI ARABIA - According to the Riyadh Season, 10 million people took part in the activities organized in the...
  • Riyadh Season 2023 started in late October, and since then, it has witnessed a large visitor turnout at all entertainment areas.
  • At the Season, visitors can enjoy concerts, exhibitions, festivals and other events in which celebrities and prominent brands participate.

Saudi Arabia introduces unified platform for visas, including Hajj, Umrah

Riyadh, Saudi Arabia - Saudi Arabia on Tuesday introduced 'KSA VISA,' a unified visa platform aimed at streamlining visa application...
  • The platform aims to automate visa issuance procedures, thereby enhancing the overall visitor experience
  • The initiative is a step in the kingdom's strategy to bolster tourism in the forthcoming years

Red Sea Global, VAARST join hands for marine ecosystem mapping

TABUK, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the regenerative tourism destinations, is piloting SubSLAM, an...
  • VAARST’s photogrammetry and real-time intelligent data collection system are transforming how underwater ecosystems are mapped and preserved.
  • SubSLAM, developed by VAARST, enables precise quantification and identification of corals and underwater objects using advanced 4K sensors.