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Briefs, Tourism

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.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

UK moves UAE from red list to amber, eyes boost in travel sector

By TRENDS Desk
August 5, 2021 3:51 pm
  • The UK government's announcement comes as the situation in the country has improved
  • The country remains committed to opening up international travel safely, says official

The UK government announced on Thursday that the UAE will be moved from the red to the amber list, as the situation in the country has improved.

Bahrain, India and Qatar were also moved to the amber list, according to a statement issued by the UK Government.

All changes announced on Thursday will come into effect at 4 am on Sunday, 8th August 2021 (UK time).

Transport Secretary Grant Shapps said, “We are committed to opening up international travel safely, taking advantage of the gains we’ve made through our successful vaccination programme, helping connect families, friends and businesses around the world.

“While we must continue to be cautious, today’s changes reopen a range of different holiday destinations across the globe, which is good news for both the sector and travelling public,” he added.

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