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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.

Turkey tourism industry bemoans Russia-Ukraine war

Every Sunday Noori Sani welcomes his old friends around a bountiful Turkish breakfast in Istanbul. But surrounding him now are...
  • Within a few days of Russia's invasion of Ukraine on February 24, Ukrainians and Russians cancelled reservations for trips of Turkey
  • Visitors from Ukraine and Russia made up over a quarter of all tourists who arrived in Turkey last year, tourism ministry reported

Jordan reduces entry fees at tourist sites for Arab visitors

The tourism ministry will treat Arab tourists as Jordanians to spur tourism.
  • The tourism ministry will treat Arab tourists as Jordanians to spur tourism
  • The decision would remain in force through 2022 to strengthen Jordan's position as a tourist destination

Region needs tourism to beat inflation

Despite the global closures and economic crisis, the tourism sector in the Gulf region fared well in 2021 due to...
  • Despite global closures and the economic crisis, the tourism business thrived in 2021
  • The sector is likely to rebound in 2022 after faltering due to lifting travel restrictions

Bahrain eyes cooperation with Germany in aviation, tourism

Bahrain's Minister said the private sector plays a key role in strengthening bilateral relations, as it boosts the volume of...
  • Bahrain's Minister stressed the importance of attracting more expertise and investments.
  • He also highlighted the incentive packages provided by Bahrain for overseas investors.

Qatar rolls out new Covid policy for travelers

The Ministry stated that Qatar's Travel and Return Policy has been a key measure in the nation's COVID-19 strategy.
  • The new changes are a result of a fall in Covid cases in Qatar due to successful rollout of Qatar’s National Covid-19 Vaccination Program
  • Qatar citizens and residents are not required to bring PCR test before returning to Qatar, regardless of the departure country

Israel to admit unjabbed tourists as Covid cases fall

On Thursday Bennett cited a decline in infections when he announced an end to the green pass.
  • On Thursday Bennett cited a decline in infections when he announced an end to the green pass
  • Under new rules taking effect on March 1, tourists will need to take a PCR test before boarding a flight to Israel and a second one upon landing

GCC eyes floating hotels, eateries to buoy tourism

Floating restaurants and hotels could be a significant supporting player as the GCC region aspires to increase its footprint as...
  • The UAE is well known for its floating restaurants and five-star floating hotels
  • Qatar aims to construct 16 floating hotels for 2022 FIFA World Cup visitors

One-horse open sleigh ride across frozen Turkish lake

The region mainly produces cheese but because of harsh and long winter such activity is rare so tourists on board...
  • Visitor points at the shore of Clidir lake where many restaurants and cafes along with hot wine kiosks have sprung up recently
  • 20 kilometers long lake is a paradise in summer for migrating birds, especially gulls, swans, and wild geese

Saudi Arabia elected as Head of ICAO’s Regional Aviation Safety Group for Middle East

The election took place during the ninth session of the group’s meetings hosted in Riyadh from 14-17 February 2022.
  • The election took place during the ninth session of the group’s meetings hosted in Riyadh from 14-17 February 2022
  • The RASG-MID aims to develop an integrated data-driven strategy and implement a work program that supports a regional safety management performance framework

The annual Sharjah Heritage festival to kick off in March

Armenia will be the official guest of honor this year due to its rich and diverse cultural stock, while Indonesia...
  • The Sharjah Institute for Heritage (SIH) announced that the festival’s slogan will be "The Heritage and the Future"
  • A total of 33 countries would participate in the event including Saudi Arabia, Oman, Kuwait and Qatar from GCC

Oman aviation sector sees 16.4% passenger growth in first 4 months of 2024  

Oman witnesses a 16.4% growth in passenger traffic in early 2024The Sultanate of Oman’s aviation sector has experienced remarkable growth...

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Over 12m people visit Riyadh Season in 60 days

RIYADH, SAUDI ARABIA - Two months after their launch, on October 11, 2023, Riyadh Season events had already attracted 12...

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...

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...

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NEOM unveils Utamo, a $500bn project to showcase world’s mega artists

NEOM, Saudi Arabia - Saudi Arabia's $500 billion mega project, has introduced Utamo, a new art and entertainment destination set...
  • Described by NEOM as "an innovative and multipurpose event and performance space," Utamo features VIP lounges and signature restaurants
  • NEOM envisions Utamo as a venue where "reality and the digital realm converge," aiming to redefine entertainment benchmarks

PIF sets up agri and ecotourism firm Dan Company

RIYADH, SAUDI ARABIA - The Public Investment Fund (PIF) announced on Monday the establishment of Dan Company, specializing in agritourism...
  • The company plans to develop unique tourism projects around cities across Saudi Arabia with attractive natural and farmed landscapes.
  • Dan aims to involve local communities in imparting experience that enables visitors to fully interact with Saudi regional culture and traditions.

Siranna: NEOM’s premier destination for elite travelers revealed

NEOM, Saudi Arabia – NEOM, a futuristic city planned by Saudi Arabia in its northwestern Tabuk Province, has unveiled Siranna,...
  • The destination offers uninterrupted views of the Red Sea, with its tiered design offering diverse views and perspectives
  • Arriving via waterborne transportation to the secluded bay, guests will journey through the natural rock formations before reaching the entrance of the property