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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.

Israel eyes influx of tourists from UAE, Bahrain

Israel is anticipating a significant influx of Emirati and Bahraini tourists as the global tourism industry starts recovering from the...
  • Israel expects 100,000 tourists a year from the UAE and Bahrain, with each tourist spending $1,500 per vacation
  • The Jewish state is expected to make $150 million annually in revenues from the Gulf tourists

Dubai approves Hatta master development plan

The Hatta master development plan is said to be aimed at developing Hatta, an exclave of Dubai, into a tourist...
  • The Hatta plan is a part of the Dubai 2040 Urban Master Plan, which aims to create a roadmap for enhancing infrastructure
  • The master plan also aims to implement development projects and initiatives across the emirate over the next 20 years

UAE flights to help 1m Mideast tourists visit Brazil

Before the pandemic, around 75 percent of the tourist traffic between Brazil and the Middle East were to and from...
  • These will be direct flights from the UAE to Brazil’s Amazon and the Northeast regions
  • Brazil’s tourism minister has said more Brazilians would love to visit the UAE once the new flights are launched

Qatar Airways gets $3bn govt assistance after huge loss

The airline reported an overall loss of $4.1 billion for the year to March 31, double the figure for the...
  • The Gulf-based carrier recently reported an underlying operating loss of $228.3 million
  • Qatar Airways is the second largest airline in the Middle East after Dubai-based Emirates

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

Chinese company to build Saudi Arabia’s first ocean park

Riyadh, Saudi Arabia - Haichang Ocean Park Holdings, China's largest ocean theme park operator, announced plans on Thursday to build...

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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...

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,...

Abha Valley has potential to be a tourist destination

ABHA, SAUDI ARABIA - Extending over 34 kilometers, the Abha Valley Basin enjoys a variety of wildlife aspects, civilizational features...

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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...
  • The tourism industry grapples with several environmental challenges, with notable concerns being the carbon emissions associated with air travel
  • Travelers can help reduce the negative impacts of tourism and support the long-term sustainability of the industry, by choosing sustainable tourism options

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...
  • The rise in Digital Nomad Visas has gone hand-in-hand with an increase in digital nomads, with destinations in all regions working to meet the market trend
  • A DNV allows individuals to live and work in a foreign country while maintaining employment or conducting freelance work for employers or clients in their home or another country

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,...
  • Dubai's evolution from a simple fishing village to a premier global tourist hub is credited to its innate advantages, deliberate investments, and cohesive destination development
  • The emirate exemplifies visionary leadership and adaptability, attracting millions yearly, and has shown resilience during crises like 2008 financial downturn and Covid pandemic