Saudi NewsDiriyah Company has awarded two construction contracts with a combined value of SAR 2.729 billion to develop five hotels and three branded residential buildings in Diriyah Square, Saudi Arabia. According to a Saudi Press...
Tourism StatisticsTourist numbers expected to grow to 23.8 million by 2030 Egypt accounts for 37.1% of hotel rooms under development in Africa The Grand Egyptian Museum, hotel expansion and infrastructure development are the main growth d...
UAE NewsThe Government of Dubai has announced that work on the Al Maktoum International Airport development project is continuing according to the approved timetable, with construction contracts worth more than AED 13 billion un...
Tourism StatisticsMadbouly: Russia leads inbound tourism, and European tourists make up 69% of total tourists Prime Minister Dr. Mostafa Madbouly today chaired the cabinet meeting at its headquarters in the New Capital and reviewed the ma...
Aviation News41.8 million passengers carried, with the airline aiming to return to 160 destinations during the summer season Qatar Airways Group recorded an after-tax profit of QAR 7.08 billion, equivalent to USD 1.94 billion, in the...
UAE NewsEmirates achieved a net profit of AED 19.7 billion, equivalent to USD 5.4 billion, in the 2025-2026 fiscal year, up 3% from AED 19.1 billion in the previous year, with a profit margin of 15%. Emirates' revenue grew by 2%...
UAE NewsEmirates Group recorded a net profit of AED 21 billion, equivalent to USD 5.7 billion, in the 2025-2026 fiscal year, up 3% on the previous fiscal year, despite the operational challenges of the final month of the fiscal...
Saudi NewsSaudi Arabia's Ministry of Tourism has revealed that the total number of domestic and inbound tourists to Saudi Arabia during the first quarter of 2026 reached about 37.2 million, while total domestic and inbound tourism...
International TourismAn analytical report has warned that continued geopolitical tensions in the Middle East could lead to a decline in international visitor numbers in the region in 2026 of between 11% and 27%, with potential annual tourism...
UAE NewsThe Emirate of Dubai in the UAE has announced a new set of economic relief measures for the hospitality sector and the business community, as part of AED 1 billion in measures approved by Sheikh Hamdan bin Mohammed bin R...
UAE Newsflydubai has announced its financial performance for the fiscal year ended 31 December 2025, recording a profit before tax of AED 2.2 billion (about US$591 million). Total revenue reached AED 13.6 billion (about US$3.7 b...
UAE NewsThe UAE's Etihad Airways achieved a profit after tax of AED 2.6 billion (about US$698 million) in 2025, growth of 47% year on year, while its profit margin improved to 8.4%, up 1.5% year on year. A press release publishe...
