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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.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Salik revenue soars to US$574m

Toll usage revenue rose 11.7% YoY to US$502million.
  • The total number of trips made through Salik’s eight toll gates grew by 10 percent over the course of the year.
  • Salik’s registered active accounts increased 16.0 percent YoY to approximately 2.4 million at the end of 2023.

Dubai International Boat Show helps in marine business

DUBAI, UAE – Dubai International Boat Show has wrapped up following a hugely successful week of high-value boat sales, important...
  • The exhibition is recognized as one of the most influential boat shows in the world.
  • The exhibition has wrapped up following a hugely successful week of boat sales.

Young Iraqis seek desert retreats for a change from the hustle of big cities

SAMAWAH, IRAQ – Far from the hustle and bustle of major cities, young Iraqis are increasingly taking advantage of a renewed...
  • For years, only the most intrepid of hikers and campers would brave the trips into Iraq's desert.
  • With the rise of social media and a period of relative stability, it has become a popular destination.

Bahrain to support ‘Arab tourism’ in order to boost cultural integration

Manama, Bahrain--Bahrain will support Arab tourism in order to enhance social, cultural and historical integration among Arab people, according to...
  • The minister told media the exercise would advance the contribution of the tourism sector to Arab countries’ national development
  • She said the kingdom will strengthen its position as an ideal destination for sustainable tourism in light of the diversity of its tourism services

SCC committee discusses issues related to Sharjah’s economy and tourism

SHARJAH, UAE - The Financial, Economic and Industrial Affairs Committee of Sharjah Consultative Council (SCC) held a meeting to discuss...
  • The committee addressed the outcomes of its recent visit to Sharjah Commerce and Tourism Development Authority.
  • The committee was briefed about the authority’s efforts to stimulate tourism by conducting events throughout the year.

ATO partners with ISM to boost tourism in the Middle East

Jeddah, UAE--The Arab Tourism Organization (ATO) has signed a partnership agreement with the International Strategic Management (ISM) company to achieve...
  • The ISM will collaborate with the ATO to achieve its goals, harmonizing them with the Arab League's Sustainable Development Plan
  • The partnership between the ATO and ISM will enable the Arab countries to develop tourist destinations to achieve sustainable development

Archaeological sites discovered in Southern Saudi Arabia

ABHA, SAUDI ARABIA  - The Heritage Commission announced its most prominent discovery in Jurash, Asir region, as one of the...
  • These were the result of strenuous excavations that took place in 2023.
  • Residential units whose walls were built with stones and clay were revealed.

Newly restored tomb of Neferhotep in Luxor opens to tourists

Cairo, Egypt -- After more than two decades of restoration, the tomb of Neferhotep, a high-ranking 18th dynasty senior official...
  • The tomb was opened during a ceremony by Mostafa Waziry, Secretary-General of the Supreme Council of Antiquities
  • A mission from Buenos Aires University was responsible for recording the tomb’s epigraphic and archaeological aspects

Scientists in UK create new fusion record

LONDON, UK - Scientists in Britain announced on Thursday they had smashed a record for generating fusion energy in the final...
  • Over 300 scientists and engineers from EUROfusion contributed to JET's landmark experiments over 40 years.
  • Proponents believe it could one day help tackle climate change by providing an abundant, safe and clean source of energy.

Saudi more than doubles tourism target by 2030, says minister

Riyadh, Saudi Arabia - Saudi Arabia drew 27 million foreign tourists in 2023 and has more than doubled its goal for...
  • "We have reached 100 million tourists this year, 77 million from home, 27 million from abroad, over 100 million," Tourism Minister Ahmed Al Khateeb said.
  • Saudi hopes 150 million tourists by 2030, up from an earlier goal of 100 million, with 70 million of those coming from abroad, up from an earlier goal of 30 million.

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...

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Paris prepares warm Olympics welcome — except for rats

While the Paris Olympics is set to be a festival of socializing and intermingling, city authorities are keen for visitors...

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...

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...

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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