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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.

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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Russia plans visa-free travel with Latin American countries

MOSCOW, RUSSIA – A senior Russian official said that they intend to move towards visa-free travel with all countries of...

Producer Baz Luhrmann to be head of jury at Red Sea International Film Festival 2023  

JEDDAH, SAUDI ARABIA - The Red Sea International Film Festival has said that internationally renowned writer, director and producer Baz...

Innovation steers Middle East through tourism swings

Facing tourism seasonality challenges, the region diversifies offerings, enhances infrastructure, and collaborates, for year-round success despite temperature fluctuations.

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Chinese President Xi Jinping declares biggest-ever Asian Games open

Chinese President Xi Jinping opened the 19th Asian Games in a colourful ceremony in Hangzhou, launching a two-week sporting extravaganza...
  • In front of Syrian President Bashar al-Assad and other visiting leaders, Xi officially opened the Games at the 80,000-capacity Hangzhou Olympic stadium.
  • The theme of the ceremony was water and it also celebrated Hangzhou's ancient history and landscape.

$15m paid in compensation to passengers in 2021-22 in Saudi Arabia, says GACA

RIYADH, SAUDI ARABIA - The General Authority of Civil Aviation (GACA) said that national airlines in the Kingdom have issued...
  • These compensations were given primarily to deal with issues such as delays, loss of luggage, flight cancellations.
  • GACA aims to ensure that passengers are well-informed about their rights and can easily obtain refunds as per the regulations.

Sudan refugees bring off-season tourism to Egypt’s Aswan

Around 310,000 people have crossed from Sudan into Egypt since war broke out on April 15 between the forces of...
  • "Since our Sudanese brothers came from the war, work has started to get better and there's been more work in tourism,"a boat captain said
  • Egypt is currently going through its worst-ever economic crisis, which has devastated purchasing power across the country