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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Oman-UAE tourism sector partners hold workshop

The workshop was reportedly aimed at highlighting Oman’s participation in Expo 2020 Dubai through the encapsulation of the country’s civilization...
  • Oman recently exempted citizens of 103 countries from visas for residency of up to 10 days to boost tourism activity
  • Travel and tourism agencies and organizations from around the world are said to have welcomed the visa-free move

Kuwait Touristic to raise capital to $996m to boost tourism

Kuwait is looking to revitalize its tourism industry, and in this regard Kuwait Touristic Enterprises plans to increase its capital...
  • “Our vision is to bring back the golden age of tourism in Kuwait"
  • The company plans to execute 95 initiatives and projects costing 380 million dinars over 10 years

Messi, Neymar’s club PSG to play in Riyadh Season Cup

PSG boasts a stellar line-up, with the likes of Lionel Messi, Neymar, Kylian Mbappé, and Sergio Ramos taking to the...
  • The tournament will be played in January next year as part of the second edition of Riyadh Season
  • The event, which celebrates the city, will be held from October 2021 to March 2022

Unesco recognizes Saudi marine sanctuary

The UN body has registered the Farasan Island Marine Sanctuary in its Man and Biosphere Program.
  • The Farasan Islands are said to support the largest population of idmi gazelle in Saudi Arabia
  • They also have high concentrations of greater flamingo, pink-backed pelican, Eurasian spoonbill, and osprey

Lebanon army giving helicopter rides to tourists for money

While most wages in Lebanon have remained unchanged, the value of the Lebanese pound has gone down more than 90...
  • The Lebanese military plans 1,000 hours of helicopter rides for tourists and even Lebanese citizens this year
  • With each ride costing $150, the military is eyeing an influx of $300,000 through this route

Oman Air inks deal in tourism push

The national carrier of Oman inked the deal with tripsnstay.
  • The agreement follows the recent announcement of Oman easing travel restrictions
  • The country on September 1 reopened its doors to vaccinated travelers with a negative PCR test result

Shadow of Syria’s exiled haunts revived Aleppo souk

Aleppo, long considered one of Syria's main commercial hubs, has lost many of the merchants and businessmen who once gave...
  • Aleppo, long considered one of Syria's main commercial hubs, has lost many of the merchants and businessmen who once gave the city its economic edge
  • The vast souks, the oldest of their kind in the world, stretch from the western part of the Old City to the gates of the citadel in the east

No quarantine for fully vaccinated foreign travelers visiting Abu Dhabi

Abu Dhabi lifted its quarantine requirement for vaccinated tourists on Thursday as the UAE recorded zero Covid deaths for the...
  • The emirate said vaccinated travellers with negative PCR tests would not need to quarantine
  • The announcement comes as the United Arab Emirates recorded zero Covid-related deaths for the first time since November 14

Colonial-era architectural heritage at risk in Tunis

Built by Italian and French architects and businesspeople, such buildings are associated with colonialism
  • Built by Italian and French architects and businesspeople, such buildings are associated with colonialism
  • Built just outside Tunis's traditional Arab medina they were meant to "modernise" the city

Saudi Arabia taps Alibaba to help Chinese tourists

Alibaba Cloud is expected to help promote Saudi Arabia as a tourist destination to travelers in the Chinese market.
  • The deal establishes the framework for a collaborative arrangement for Chinese tourists traveling to Saudi Arabia
  • The agreement is part of Saudi Arabia’s strategy to employ the latest technology to deliver seamless traveler experiences

Killer heat wave sweeps the globe, hundreds perish

A punishing heat dome continues to intensify over the northeastern United States, scores of record-high temperatures were matched or broken...

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Sustainably yours: Redefining travel for green future

The future of travel is expected to see greater use of renewable energy in transportation and advancements in technology, driving...

Almost half of all global destinations now offer digital nomad visas: UNWTO

Madrid, Spain - The number of destinations offering Digital Nomad Visas (DNVs) has risen significantly over recent years, with almost...

Futuristic strategies elevate Dubai

Dubai's transformation from a humble fishing village to a global tourist powerhouse is nothing short of remarkable. Just decades ago,...

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Tech ticks: Metaverse, AI boost Jamaica’s tourism

From the metaverse allowing virtual experiences to the use of AI in training, Jamaica is at the forefront of integrating...
  • From the metaverse allowing virtual experiences to the use of AI in training, Jamaica is at the forefront of integrating technology into its tourism sector, says minister.
  • Jamaica is enhancing its tourism workforce with the Jamaica Centre for Tourism Innovation, amid a rise in South-South tech-tourism collaborations, adds Edmund Bartlett.

Saudi Arabia re-elected president of UNWTO executive council

Samarkand, Uzbekistan - The United Nations World Tourism Organization (UNWTO) approved the re-election of Saudi Arabia as president of its...
  • During the first presidency of the Kingdom in 2023, plenty of initiatives that comprised partnership, innovation, and progress were launched
  • In 2021, the kingdom launched the Sustainable Tourism Global Center during the Saudi Green Initiative in October 2021 to provide best practices to meet the sector needs

Fourth edition of Riyadh Season unveils its promotional video

Riyadh, Saudi Arabia – Riyadh Season's fourth edition has unveiled a promotional video featuring a range of scenes highlighting its...
  • The video includes the presence of the global boxing icon Mike Tyson, who is a partner in the first specialized boxing club in Boulevard City
  • It highlights the rapid developments in the entertainment sector in the Kingdom, the global nature of Riyadh Season, and the diversity of the activities and events it hosts