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Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

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

Paris prepares warm Olympics welcome — except for rats

While the Paris Olympics is set to be a festival of socializing and intermingling, city authorities are keen for visitors...

Company News

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NEOM announces its new luxury ecotourism destination Zardun

NEOM, SAUDI ARABIA - NEOM's Board of Directors has announced the launch of Zardun - an exclusive resort and natural...

Dubai wins right to host 349 business event in 2023

DUBAI, UAE - Dubai consolidated its status as a central hub for international business events in 2023, with the city...

ASFAR, Municipality of Al-Ahsa sign agreement

RIYADH, SAUDI ARABIA - ASFAR, the Saudi tourism investment company wholly owned by the Public Investment Fund of Saudi Arabia,...

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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...
  • The documentary is currently being shown on the Netflix platform.
  • The film gives a look at the ecological diversity of the Kingdom,

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...
  • Aquellum is hidden within a breathtaking 450-meter-high mountain range.
  • The subterranean digitalized community creates vibrancy and interconnectivity.

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...
  • December 2023 finished for Dubai Duty Free with record monthly sales of US$221 million, an 8.37 percent increase compared to 2022.
  • It's 40th anniversary celebrations offered a 25 percent discount on December 20 which led to a shopping spree of $14.8 million in 24 hours.