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 unveils new tourism promotional campaign

"Morocco, Land of Light" aims to position Morocco among the most coveted global tourist destinations and strengthen its attractiveness to...
  • "Morocco, Land of Light" aims to position Morocco among the most coveted global tourist destinations and strengthen its attractiveness to the international public
  • The campaign is the cornerstone of the Morocco promotional action dedicated to international tourism, both in traditional and emerging markets

Red Sea Development Company to use biofuel for all tourist facilities

The company has chosen MAN Energy Solutions to provide 25 sets of biofuel generators for the sustainable tourism destination.
  • The Red Sea destination will apparently use solar energy stations that include storage batteries with the system of MAN GenSets
  • These generators will reportedly have engines that will let them use the climate-neutral B100 biofuel

Ras Al Khaimah Tourism Development Authority on Best Workplaces List

Ras Al Khaimah Tourism Development Authority (RAKTDA) has achieved sixth place on the Best Workplaces List of 2022 – Small...
  • It was also named one of the Best Workplaces for Women and a Great Place to Work in 2021.
  • RAKTDA was also recognized as the ‘Government Entity with the Happiest Work Environment' in the emirate.

Libya looks to tourism to revive ‘heritage’

While late dictator Moamer Kadhafi allowed tourists to visit the country on organized trips, visitors have been thin on the...
  • Gharyan is a Libyan town where many residents have family records and property deeds dating back centuries
  • Some of the buildings are over 2,300 years old in Libya, and ancient Greek historians mentioned their existence

Emaar plans new Fujairah resort

The Emaar Hospitality Group will open the resort in Q2.
  • The Emaar Hospitality Group is the hospitality and leisure arm of Dubai-based developer Emaar Properties
  • Palace Beach Resort Fujairah will reportedly be the third beach resort of its Address Hotels + Resorts collection

Over 1m medical tourists visit Iran in a year

Most patients come from neighboring countries including Iraq and Afghanistan, Head of the tourism office at Iran’s Ministry of Health...
  • Most patients come from neighboring countries including Iraq and Afghanistan, Head of the tourism office at Iran’s Ministry of Health Mohammad Reza Tarjoman said
  • Tarjoman said there are 200 medical centers that have permission to accept foreign patients underlining that Iran is ranked 46 worldwide in the area of health tourism

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

GACA report: Riyadh’s King Khalid Airport ranked best for 15M+ passengers

Riyadh, Saudi Arabia - King Khalid International Airport in Riyadh secured the top spot in the category of airports with...

Company News

Latest News

Archaeological sites discovered in Southern Saudi Arabia

ABHA, SAUDI ARABIA  - The Heritage Commission announced its most prominent discovery in Jurash, Asir region, as one of the...

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...

Most Read

Saudi, UAE ‘prior’ countries for Russia’s inbound tourism push

Moscow, Russia -- China, India, Iran, the United Arab Emirates (UAE) and Saudi Arabia will become prior countries for Russia...
  • In 2024, attention will be given to five prior countries: China, India, Iran, the UAE, Saudi Arabia, said Director General of the Center for Strategic Research Pavel Smelov.
  • "It is expected that by 2030 the implementation of the concept presented will result in the annual flow of 16 million foreign tourists," he said.

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.