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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.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

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...
  • Haichang, which has a history of marine-themed tourism spanning over two decades, has previously collaborated on tourism projects in Vietnam, the Philippines, and Indonesia
  • Currently operating parks in cities such as Shanghai, Dalian, Zhengzhou, and Sanya, Haichang attracts more than 20 million visitors annually

Oregon leverages coastal adventures and diverse landscapes to expand its tourism market

Oregon's tourism strategy focuses on year-round visitation, sustainability, and regenerative travel, aiming to optimize economic impact while preserving natural beauty...
  • Oregon is a destination where you can wander along stunning shorelines, trek volcanic peaks, and paddle serene lakes
  • But it is not just natural beauty, the coastal gem also boasts some of the nation's finest breweries and restaurants

GCC tourism’s contribution to GDP expected to surge by 2030: Fitch

GCC tourism's GDP contribution will rise from $130 billion in 2023 to over $340 billion by 2030, driven by aviation...
  • The GCC countries have set ambitious targets for their tourism sectors to diversify their economies away from oil dependence
  • The aviation industry is anticipated to play a critical role in this expansion, with air passenger traffic projected to grow substantially

Qatar to witness GCC’s highest growth in hospitality industry revenue until 2028

Hospitality industry revenue in Qatar is expected to witness the highest growth rate in GCC until 2028, Alpen Capital has...
  • Qatar’s hospitality sector projected to rise 11% annually from $0.9bn in 2023 to $1.5bn in 2028
  • In 2024 alone, Qatar is slated to host over 80 events scheduled throughout the year

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...
  • About 75 million Americans live in a location under an excessive heat warning or advisory
  • Latest reports say some 900 people died in Saudi Arabia, where temperatures reached 51°C

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...
  • Oman's four airports collectively handled over 4.9 million passengers
  • Country planning to build six new airports and increase their number in Oman to 13 by 2028-29

Tunisian Jewish pilgrimage sees low turnout amid security fears

Djerba, Tunisia - Only a dozen pilgrims turned up Friday at this year's Jewish pilgrimage on Tunisia's island of Djerba...
  • The pilgrimage to the Ghriba synagogue, Africa's oldest, usually draws thousands of pilgrims from Europe, Israel and beyond, attracting international and local tourists as well
  • But on the first day of the pilgrimage event this year, only about a dozen worshippers were present - almost none of them foreigners

Alberta seeks to charm the world with a solid tourism growth plan, says Minister Joseph Schow

Alberta's tourism sector, with attractions resonating with GCC travelers, aims for a $25 billion visitor economy by 2035, says Joseph...
  • 'We possess attractions that resonate with international travelers, including those from regions like Saudi Arabia or the UAE'
  • 'Alberta's tourism sector aims to attract visitors from GCC countries, fostering relationships and expanding its global marketing efforts'

‘Over 91 percent of travel bookings are now online’

Digitalization is revolutionizing travel, and data analytics is hyper-personalizing the sector, notably in GCC's growing business tourism, says Pallav Singhvi...
  • Our omni-channel approach offers seamless and personalized experiences across multiple touchpoints that aim to redefine customers’ travel booking journey, says Singhvi
  • as become even more important to create hyper-customized and context-sensitive, targeted measures to reach and engage with the right kind of audience, he adds

Saudi to bring in more tourists from the Caribbean with expanded eVisa program

Riyadh, Saudi Arabia – The Saudi Tourism Authority (STA), in collaboration with the Saudi Ministry of Tourism, has announced the expansion of...
  • Nationals of Caribbean can now apply for a visitor visa to Saudi either electronically or at the country’s international ports of entry
  • The program constitutes a key pillar in delivering the revised Vision 2030 target of attracting 150 million tourists

Blending AI with a Human Touch: Al Rais Travel Eyes the Future of Tourism

Executive Director Mohamed Al Rais unveils a tech-human hybrid approach to personalize travel experiences — and announces a strategic India...

Latest News

Saudi Arabia achieves 73 percent increase in international tourist arrivals: UN report

The kingdom welcomed 17.5 million international tourists in the first seven months of 2024, leading G20 nations in tourism growth...

GACA report: Riyadh’s King Khalid Airport ranked best for 15M+ passengers

Riyadh, Saudi Arabia - King Khalid International Airport in Riyadh secured the top spot in the category of airports with...

‘Saudi Arabia’s tourism sector to achieve 150 million visitors by 2030’

Saudi Arabia isn't aiming to be the next Dubai but is forging its own unique path in tourism," Aradhana Khowala...

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Saudi Arabia leads GCC travel growth to India with a 40% rise in flight searches: report

Riyadh, Saudi Arabia - Wego, the leading travel app and largest online travel marketplace in the Middle East and North...

Saudi bid to host 2034 World Cup positions Kingdom as global center for top sports events

Saudi Crown Prince Mohammed bin Salman announced the Kingdom’s bid to host the 2034 FIFA World Cup. He said this...
  • Saudi topped the UNs’ list for highest growth in international tourist numbers in 2023
  • FIFA is set to confirm Saudi Arabia as the host for the 2034 event in December

Jordan’s Umm al-Jimal added to UNESCO heritage list

Amman, Jordan - Jordan's Umm al-Jimal village has been added to UNESCO's World Heritage List, in a move hailed on Sunday...
  • The village is near the Jordanian-Syrian border, 86 kilometres north of Amman, and is known as "the black oasis" due to the prevalence of black volcanic rock in the area
  • The village was first settled by the Nabataean peoples in the first century AD and later occupied by the Romans, becoming an important agricultural and commercial village