Tourism

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

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

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...

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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...

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...

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...

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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,...
  • The destination offers uninterrupted views of the Red Sea, with its tiered design offering diverse views and perspectives
  • Arriving via waterborne transportation to the secluded bay, guests will journey through the natural rock formations before reaching the entrance of the property

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...
  • The Abha Valley abounds in environmental diversity, which explains its array of mountain plants.
  • The rugged areas of the highest point of the valley form the right habitat for the Arab tiger,

Dubai plans bigger airport as passenger traffic continues to increase

"Once we've reached about 120 million (passengers a year), which is what we think our total capacity at DXB (Dubai...
  • Dubai Airports CEO Paul Griffiths said designs were being drawn up for Al Maktoum International Airport, which will be built on the city's outskirts
  • Third-quarter traffic was 22.9 million, the highest since 2019, taking 2023 numbers so far to 64.5 million, nearly 40 percent higher than the same period in 2022.