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

Morocco ‘breathing again’ as tourists return after Covid curbs

Morocco this week reopened land borders with the Spanish enclaves of Ceuta and Melilla, two years after they were shut...
  • The city of Marrakesh, famous for its views of graceful red buildings set against palm trees and snow-capped mountains, has long drawn visitors
  • The city was hard hit by a two-year collapse in tourism that saw arrivals to the North African kingdom plummet to just a third last year from 2019

NEOM will be subject to Saudi sovereignty and rules: Report

Saudi Arabia has rejected claims that its planned futuristic megacity known as NEOM will have different rules from the rest...
  • NEOM is part of Crown Prince Mohammed bin Salman's Vision 2030 plan to diversify Saudi Arabia's oil-dependent economy.
  • It has been billed as a futuristic cityscape evocative of a sci-fi blockbuster -- with everything from flying taxis to robot-maids.

Arabian Travel Market 2022 kicks off in Dubai

The Chairman of Dubai World Sheikh Ahmed bin Saeed Al Maktoum, inaugurated the 29th edition of the Middle East’s largest...
  • ATM 2022 is part of Arabian Travel Week, a 10-day festival of travel and tourism events taking place in Dubai
  • It provides a vital platform for tourism and travel industry leaders in the Middle East

Abu Dhabi tourism department readies to launch summer campaign

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) will announce its summer campaign at Arabian Travel...
  • Located in Hall 2 at Dubai World Trade Centre, Visit Abu Dhabi will take guests on journey of the top sites and attractions in the capital.
  • Visitors will be treated to live performances from the City of Music, the creative craftsmanship of Emirati artisans at the House of Artisans zone.

Jeddah Yacht Club Marina Zone all set for Jeddah Season 2022

Jeddah Yacht Club Marina zone will receive on Sunday the visitors to the Jeddah Season 2022 with a variety of...
  • The Marina Yacht Club zone is known for its magnificent sea view
  • The club contains a marina for ships and boats up to 135 meters in height

Lufthansa cuts Q1 losses

German carrier set its sights on a record summer for traffic.
  • The airline group's net loss over the first three months of 2022 came to 584 million euros ($620 million)
  • The number of passengers on Lufthansa flights "more than quadrupled" in the first quarter to 13 million

Jeddah Season 2022 kicks off in Saudi Arabia

This year's Jeddah Season is expected to feature international events and artistic and theatrical performances, Arab and international art concerts,...
  • Jeddah Season 2022 is expected to make Jeddah a permanent destination for tourism, entertainment, and events in the region
  • The 60-day event will reportedly see 2,800 activities in nine main zones in the presence of Jeddah residents and visitors

Eid holidays boost Gulf tourism as COVID curbs ease

From overseas to the domestic circuit, the tourism industry in the Gulf Cooperation Council is witnessing a welcome resurgence, especially...
  • Gulf citizens are looking to spend Eid al-Fitr abroad after being compelled to stay home for the past two years
  • This year’s Eid al-Fitr holiday witnessed high occupancy in the UAE hotel sector, driven by strong domestic tourism demand

Booking volumes up 195% YoY for Eid, says dnata Travel

The top five most-booked destinations this year so far with dnata Travel include the Maldives, the UAE itself, Turkey, Mauritius,...
  • This year, 65 percent of UAE travelers opted for worldwide destinations, while 35 percent chose staycations, according to dnata
  • This is compared to 68 percent of travelers booking UAE staycations and 32 percent seeking international holidays in 2021

Jordan and UAE groups join hands to develop beach project

Jordan Free and Development Zones Group Director Arwa Hiyari said the beach project is aimed at diversifying tourism.
  • The project features a tourism camp housing restaurants, swimming pools and top-notch chalets of different sizes.
  • The project will also provide new services for Dead Sea visitors and create job opportunities, an official said.

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...

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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...

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...

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...

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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...
  • The tomb was opened during a ceremony by Mostafa Waziry, Secretary-General of the Supreme Council of Antiquities
  • A mission from Buenos Aires University was responsible for recording the tomb’s epigraphic and archaeological aspects

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...
  • Over 300 scientists and engineers from EUROfusion contributed to JET's landmark experiments over 40 years.
  • Proponents believe it could one day help tackle climate change by providing an abundant, safe and clean source of energy.

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...
  • "We have reached 100 million tourists this year, 77 million from home, 27 million from abroad, over 100 million," Tourism Minister Ahmed Al Khateeb said.
  • Saudi hopes 150 million tourists by 2030, up from an earlier goal of 100 million, with 70 million of those coming from abroad, up from an earlier goal of 30 million.