INSEAD Day 4 - 728x90

Tourism

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

Abu Dhabi National Aquarium is the largest in Mideast

An estimated one million people a year are expected to visit the aquarium housing marine animals in ten distinct habitats...
  • An estimated one million people a year are expected to visit the aquarium housing marine animals in ten distinct habitats under the supervision of marine life experts
  • The aquarium offers many interactive activities, including scuba diving, animal feeding, and glass-bottomed sailing boat tours

Omicron surge pushes Morocco to extend flight ban

The restrictions have dealt a punishing blow to the North African country's vital tourism sector.
  • Morocco imposed the measure to run initially from late November until December 31
  • This, despite a mechanism being in place for Moroccan citizens stranded abroad to come home

Indian Minister says UAE most popular tourist destination for his countrymen

The UAE is the most popular destination in the world for Indian tourists, according to figures submitted to Indian Parliament...
  • The second and third most popular destinations for Indians were Thailand and Bangladesh, but their figures were way below those of the UAE.
  • The Minister confirmed that 314,495 Indians left on tourist visas for the UAE in the first quarter of this year.

Abu Dhabi to host Pokemon GO Tour live event in 2022

Gamers on Yas Bay will be joined by those taking part in Monterrey, Mexico at Parque Fundidora and Kaohsiung, Taiwan...
  • The event will be hosted by Niantic, the AR company behind Pokémon GO, in partnership with the Department of Culture and Tourism - Abu Dhabi
  • The ticketed event will include real-world habitats, special in-game features, photo ops, a special game plan, exclusive merchandise and targets existing gamers

Dubai emerges as global superyacht capital

Dubai is now home to 15 marinas with more than 3,000 berths, which can accommodate an array of pleasure craft...
  • Dubai is now home to 15 marinas with more than 3,000 berths, which can accommodate an array of pleasure craft and luxury yachts as well as superyachts and gigayachts
  • More than 200 superyachts were registered across the Middle East as of 2019 with Dubai being the base for many of these vessels, says a report by Oxford Business Group

Saudi festivals celebrate cultural blooming

As Saudi Arabia opens up on the culture front, tourism gets a leg-up in a boost for Vision 2030.
  • Saudi Arabia is witnessing a huge tourist boom, reflecting the government's interest in the sector
  • STA collaborates with the Saudi tourist sector to develop one million jobs and 100 million annual visits by 2030

Oman sees hospitality industry revenue fall 3.5%

The National Centre for Statistics and Information says domestic guest have supported the Oman's hotels.
  • Domestic guests constituted the highest percentage of visitors in hotel industry of Oman
  • The occupancy rate of hotels in Oman rose by 36.3 percent

Turkey pledges to protect Mediterranean Sea

Turkey, the last G20 country that ratified the Paris climate agreement, faces criticism for how it treats its water.
  • Microplastics pollution in the Mediterranean Sea poses a threat to marine life
  • Turkey’s southern shores on the Sea of Marmara has witnessed the largest outbreak of ‘sea snot’

Saudi Arabia, Oman ink 13 business deals

The deals were inked by Oman Investment Authority firms with Saudi counterparts as Saudi Crown Prince Mohammed bin Salman visited.
  • OQ signed three MoUs in the fields of petrochemicals, renewable energy and green hydrogen sector
  • In the field of dry dock and logistic services, Asyad signed an MoU with a Saudi shipping company

Syria eyes visitor resurgence, especially from Europe

Syria is an important destination for Shiite pilgrims, and has continued to welcome visitors from Iran, Iraq, and Lebanon during...
  • Syria is home to several UNESCO world heritage sites that were very popular with tourists before the war
  • Most sites were damaged by more than 10 years of a conflict, but restoration work was undertaken

IOC creates historic Olympic Esports Games with 2025 launch in Saudi

History was made today when the International Olympic Committee (IOC) decided to create Olympic Esports Games. The first edition will...

Company News

Latest News

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

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.

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