INSEAD Day 4 - 728x90

Tourism

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

SeaWorld Yas Island, Abu Dhabi wins Guinness World Records

ABU DHABI, UAE – SeaWorld Yas Island - the region’s first Marine Life Theme Park here -, has won a...
  • SeaWorld Yas Island has won the Guinness World Records for being the “Largest Indoor Marine-Life Theme Park” in the world.
  • The certificate was presented to Mohamed Abdalla Al Zaabi, Group CEO of Miral, and the SeaWorld Abu Dhabi leadership.

Saudi RCU begins rock excavation for Sharaan Resort in AlUla

ALULA, SAUDI ARABIA – The Royal Commission for AlUla (RCU) has marked a significant milestone in the development of the...
  • The initial excavation symbolizes the start of a mission that combines Jean Nouvel’s architectural innovation with Bouygues' engineering expertise.
  • This milestone is an important step forward in AlUla's evolution into a premier destination for sustainable luxury tourism.

Hotel Dar Tantora is inspired by Saudi’s AlUla ancient mudbrick buildings

ALULA, SAUDI ARABIA – Situated in the heart of Old Town here, Dar Tantora Hotel offers guests a chance to...
  • AlUla’s Old Town, with its origins going back over 700 years, prospered along the renowned incense trade route.
  • With over 900 traditional mudbrick homes, the Old Town stands as a testament to the Kingdom’s enduring cultural heritage.

Ten years from home World Cup, Saudi sizes up ‘huge challenge’

As the only  bidder, Saudi Arabia was anointed host of the 2034 World Cup last October by FIFA. Infrastructure is...
  • To host the 48-team World Cup, the country needs 14 all-seater stadiums capable of holding at least 40,000 people, according to the bid document
  • Saudi sports ministry is preparing to issue tenders worth 10 billion riyals ($2.69 billion) to build and expand football venues, according to domestic media

RSG, Hyundai Motor ink pact

The two firms will explore opportunities in various areas.
  • The two parties will focus on validating and deploying Hyundai Motor Group's eco-friendly mobility solutions.
  • They will explore future mobility solutions, such as autonomous vehicles, Advanced Air Mobility and maritime vessels.

World’s only Dragon Ball theme park launched in Saudi Arabia’s Qiddiya City

RIYADH, SAUDI ARABIA – The Board of Directors of the Qiddiya Investment Company (QIC) revealed on Sunday the launch of...
  • Nestled within Qiddiya City, just 40 minutes from Riyadh, this never-seen-before anime theme park is set to become a spectacle.
  • Inspired by the seven legendary Dragon Balls, visitors can navigate seven distinctively themed zones within the park.

Saudi Arabia set to leap into space tourism by 2026

Madrid-based Halo Space Company has selected Saudi Arabia as its launch site for space tourism, offering tours at $164,000 per...
  • Madrid-based Halo Space Company selects Saudi Arabia as its launch site for space tourism, offering tours at $164,000 per person for a stratospheric Earth view.
  • In June, a trial flight will take passengers 32 kilometers above Earth, using a helium balloon for an accessible adventure without the need for special training.

Bahrain and France sign MoU to boost tourism education

Lyon, France--Vatel Hotel and Tourism Business School Bahrain signed a memorandum of understanding (MoU) with EKLYA School of Business in...
  • The MoU will strengthen educational ties, foster mutual understanding, and enhance bilateral relations in the realms of academia, culture, and knowledge exchange
  • The curriculum for the EKLYA students will encompass a variety of subjects, including cross-cultural studies, project management, event management, and geopolitics

Diriyah unveils 20,000-seat arena in $63bn Saudi masterplan

Diriyah, Saudi Arabia -  Saudi Arabia, has revealed plans for "The Arena in Diriyah," a monumental 76,000-square-meter lifestyle facility set...
  • Designed by London-based HKS Architects as part of a $63.2 billion masterplan, the arena aims to become the Middle East's premier venue destination
  • Embracing Najdi architecture motifs, the arena promises a versatile design enabling swift configuration changes for hosting various events

Saudi Tourism Authority, Trip.com Group sign global agreement

BERLIN, GERMANY – Saudi Tourism Authority (STA) and Trip.com Group have announced a significant global partnership, which will drive greater...
  • The joint effort aims to bring over 350 thousand additional tourists to Saudi over the course of the agreement.
  • The partnership is vital as it coincides with exceptional growth and transformation in the global tourism industry.

TOURISE 2025: Riyadh to host premier summit for sustainable tourism

Riyadh, Saudi Arabia -- Saudi Arabia's Minister of Tourism, Ahmed Al-Khateeb, has officially unveiled TOURISE, a groundbreaking global platform set...

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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...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Moonlit scramble across the sand for Turkey’s booming baby turtle population

Manavgat, Turkey - The baby loggerhead sea turtles emerged from their eggshells and began their first challenge in life: a wobbly...
  • It is a perilous journey into the unknown for the sea turtles as only about one in 1,000 hatchlings will survive to adulthood
  • Despite grave threats from humans and predators such as birds, crabs and ants, protection measures are bearing fruit on Turkey's southern coast

Saudi Arabia’s tourist spending reaches $40bn: minister

Saudi Arabia’s Minister of Tourism Ahmed Al-Khateeb highlights the upcoming launch of a tourist visa aimed at drawing more international...
  • Passenger air traffic in Saudi Arabia rose by 17 percent in the first half of 2024, reaching 62 million compared to 53 million in the same period last year
  • This growth was aided by a 12 percent increase in flights, with 446,000 recorded compared to 399,000 in the first half of 2023

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...
  • The paved roads of Al-Hada and Al-Shafa mountains, such as Akabat Al-Kar and Akabat Al-Muhammadya, provide easy access to biodiversity
  • Visitors can spend their days under the shade of abundant juniper trees and beside cool freshwater streams, allowing them to appreciate Taif's unique and pristine natural diversity