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Business, Tourism

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Riyadh’s WTTC Summit to oversee signing of 50 deals

The joint committee and business council of the two countries can significantly boosts economic relations between Saudi Arabia and Algeria. (WAM)
By TRENDS Desk
November 29, 2022 8:42 pm
  • The minister evaluated the deals to be worth $50 billion, local media reports said.
  • Also, the event comprises over 3,000 participants, 57 ministers of tourism and travel

RIYADH, SAUDI ARABIA – Fifty deals and agreements are expected to be signed in the World Travel and Tourism Council (WTTC) Global Summit in Riyadh, Saudi Minister of Tourism, Ahmed Al Khateeb said.

The minister evaluated the deals to be worth $50 billion, local media reports said.

The agreements include state- and company-level deals, Al Khateeb added during the summit scheduled to be organized between Nov. 28-Dec. 1.

Also, the event comprises over 3,000 participants, 57 ministers of tourism and travel, amongst other industry-related officials.

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INSEAD Day 4- 300x600
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