INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Saudi Arabia lets citizens visit Turkey as bilateral relations improve

Saudi Arabia Leader
Saudi King Salman bin Abdulaziz (right), flanked by Crown Prince Mohammed bin Salman (left) during a GCC Summit. (AFP)
  • The move comes two days before Crown Prince Mohammed bin Salman is expected to visit Turkey.
  • In May, national flag carrier Saudia resumed flights to Turkey, but citizens were unable to travel there.

Saudi Arabia on Monday lifted a ban on citizens traveling to Turkey and three other countries, state media reported, as the kingdom continues to relax coronavirus prevention measures.

The move comes two days before Crown Prince Mohammed bin Salman is expected to visit Turkey.

At the beginning of the pandemic, Saudi Arabia imposed a rule against all foreign travel, and as of last month, 16 countries including Turkey were still off-limits to Saudi citizens.

“A decision has been made to lift the suspension of direct or indirect travel by citizens to Ethiopia, Turkey, Vietnam, and India,” the official Saudi Press Agency quoted an interior ministry official as saying on Monday.

It was made “based on the follow-up to the epidemiological situation of the coronavirus pandemic,” the official said.

Saudi authorities are also easing coronavirus restrictions at home, announcing last week that masks would no longer be required in most enclosed spaces.

Saudi Crown Prince Mohammed bin Salman and Turkish President Recep Tayyip Erdogan have worked to strengthen the bilateral relationship in recent months, publicly embracing during a visit by Erdogan to Saudi Arabia in April.

In May, national flag carrier Saudia resumed flights to Turkey, although citizens were still unable to travel there.

Turkey is a favorite holiday destination for many Saudi families.

Prince Mohammed is expected to arrive in Turkey on Wednesday after stops in Egypt and Jordan.