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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.

‘Catastrophic’ pollution plagues Libya beaches

The environment ministry has ordered the closure of a number of beaches along the Greater Tripoli coastline, despite the roasting...
  • The environment ministry has ordered the closure of a number of beaches along the Greater Tripoli coastline, despite the roasting summer heat
  • Daily discharges of untreated sewage from the capital's two million population make the Tripoli shore the most polluted

Graft, security issues feed the trade in Iraq’s past

The boom in looted objects from antiquity is a real problem in Iraq, where corruption is prevalent and archaeological sites...
  • The boom in looted objects from antiquity is a real problem in Iraq, where corruption is prevalent and archaeological sites are poorly protected
  • Sumerians, Assyrians and Babylonians all trod on the ancient land that is now Iraq, and that makes it a land of choice for smugglers.

Saudi Arabia to create million tourism jobs by 2030

Saudi Arabia has developed cultural, heritage tourism projects in more than 25 tourist destinations and eyes 100 million tourists by...
  • Saudi Arabia has developed cultural, heritage tourism projects in more than 25 tourist destinations
  • By 2030, the country expects to enhance its airport capacity by 30 percent

Saudi Arabia to accept IATA Travel Pass from Sept 30

Saudi Arabia’s General Authority of Civil Aviation has accepted the pass as a valid way of confirming Covid-19 test.
  • Eventually this acceptance will be expanded to vaccine certification
  • Travelers to and from Saudi Arabia will soon have the choice of using either the Pass or the national health app

Qatar Tourism and Clia announce partnership

The partnership should help Qatar broaden its appeal for visitors ahead of and beyond the 2022 Fifa World Cup.
  • Qatar welcomed 207,000 cruise visitors to Doha in 2019-20
  • It reopened its borders on July 12 to fully-vaccinated international travelers, and is expecting tourism to pick up

Saudi Arabia starts $3.4bn infrastructure projects in Tabuk region

The projects in the Tabuk region will include initiatives related to housing, transportation, environment, and agriculture.
  • The Tabuk region is currently the epicenter of quite some activity, like the building of a substation for the Green Duba power plant
  • Tabuk City also happens to be a hub for tourists who wish to explore the northern parts of Saudi Arabia

Dubai Tourism launches new trailer

This is the second instalment of the Dubai Presents campaign, and like the first one highlights some of Dubai’s most...
  • This trailer comes just days after the Dubai Presents campaign was launched with the spy-action genre
  • This one-minute-six-second trailer is titled Dubai: A Romance to Remember

Park featuring world’s largest aquarium 64 percent complete

The aquarium will be home to 68,000 marine animals including, sharks, schools of fish, manta rays and sea turtles.
  • The aquarium will be home to 68,000 marine animals including, sharks, schools of fish, manta rays and sea turtles.
  • Yas SeaWorld Research and Rescue Center to become first of its kind in UAE, focusing on indigenous Gulf and marine life ecosystems.

New flights from Baghdad to Abu Dhabi

The inaugural flight of Iraqi Airways landed at Abu Dhabi International Airport on August 7.
  • The inaugural flight, operated by Iraqi Airways using Boeing 737-800 aircraft, landed at Abu Dhabi International Airport on August 7
  • Iraqi Airways will start by operating one flight per week and will then increase its number of flights to two a week

Egypt papyrus makers keep tradition alive despite tourism slump

Once used by ancient Egyptians as writing paper, local artists now decorate the papyrus with hieroglyphics, Arabic calligraphy and representations...
  • Once used by ancient Egyptians as writing paper, local artists now decorate the papyrus with hieroglyphics, Arabic calligraphy and representations from antiquity
  • The papyrus plant, with its fan-shaped foliage, grows in water and can reach four meters (13 feet) in height

Oman aviation sector sees 16.4% passenger growth in first 4 months of 2024  

Oman witnesses a 16.4% growth in passenger traffic in early 2024The Sultanate of Oman’s aviation sector has experienced remarkable growth...

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RSG, KHC set up joint venture

The JV will develop and own the Four Seasons Resort Red Sea.

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...

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...

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Red Sea Global launches Saudi’s first seaplane company

TABUK, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations -...
  • Fly Red Sea aims to transport guests to various resorts scattered among the islands of Red Sea Destination.
  • These resorts include St. Regis Red Sea Resort and Nujuma, Ritz Carlton Reserve, which would be inaugurated later in 2023

Visa-free Russia travel on the horizon for Saudi, Oman, Bahrain, Malaysia, Kuwait

Sochi, Russia -.Starting in 2024, travelers from Saudi Arabia, Oman, Kuwait, Malaysia  and Bahrain may no longer need tourist visas...
  • Russia and China have been ready to receive groups of visa-free tourists on a reciprocal basis
  • Visa-free group tourism was also launched between Russia and Iran on August 1

Hotels in UAE generate revenues of US$7bn in first seven months, says minister

ABU DHABI, UAE - In the first seven months of the year, hotel establishments in the UAE generated revenues of...
  • Hotel establishments in the country hosted 16 million guests in in the first seven months of 2023, said the UAE economy minister.
  • Some 56 million hotel nights have been booked while the occupancy rate reached 75 percent from January to July.