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

QNTC to attend St. Petersburg International Economic Forum

Qatar National Tourism Council has offices in Russia since 2018 To attract visitors from new source markets, QNTC will showcase...

UNWTO’s first regional office opens in Riyadh

Office will serve as a coordinating hub across 13 countries in the Middle East Best Tourism Villages of the World...

Al-Hada and Muhammadya Al-Shafa in Taif: A tapestry of tourism, nature

Taif, Saudi Arabia - Taif and its serene towering mountains, nestled deep within the majestic Sarawat Mountains, serve as a...

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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...

Fourth edition of Riyadh Season unveils its promotional video

Riyadh, Saudi Arabia – Riyadh Season's fourth edition has unveiled a promotional video featuring a range of scenes highlighting its...

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 -...

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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.

Saudi Arabia to enhance air connectivity to over 250 destinations by 2030

RIO DE JANEIRO, BRAZIL - A delegation led by President of the General Authority of Civil Aviation (GACA) Abdulaziz bin...
  • The Kingdom plans on carrying 330 million passengers annually and raising freight capacity to 4.5 million tons by 2030.
  • Saudi Arabia and the Dominican Republic also signed agreements on air transport services between the two countries.

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...
  • The Director of the Russian Foreign Ministry’s Latin American Department said that visa-free travel with all Latin American states is an achievable goal.
  • The statement on visa-free travel was made by the senior diplomat on the sidelines of the "Russia - Latin America" conference.