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Articles tagged “asia monthly”

News Blog

Dubai-Based Silkhaus Raises $7.7 Million Seed Funding to Digitize Short-Term Rentals

Silkhaus, a United Arab Emirates-based platform for short-term rentals, announced on Tuesday that it has raised $7.75 million in a seed funding round. Following this investment, Silkhaus has said it will accelerate its expansion across Middle East and North Africa region, as well as in South Asia and Southeast Asia. The company had earlier identified…

Online Travel

Seera Group Rides Saudi Arabia’s Efforts to Build Tourism to First Post-Pandemic Profit

The sweet sound of "profit" seems to be making a slow and steady return in the earnings calls of travel companies in the Middle East.

Seera Group Rides Saudi Arabia’s Efforts to Build Tourism to First Post-Pandemic Profit

Airlines

Emirates Earns $1 Billion Record Net Profit for Fiscal First Half

As it looks to restore capacity, Emirates understands that it would be equally important to recruit the right skills.

Emirates Earns $1 Billion Record Net Profit for Fiscal First Half

News Blog

UAE Developer Nakheel Secures $4.6 Billion Financing to Develop Dubai Islands 

Dubai-based property developer Nakheel announced it has secured $4.6 billion in strategic financing deal to drive what it calls, “the new phase of growth.” The amount includes refinancing of $3 billion, and additional funds of $1.6 billion. The developer of Palm Jumeirah said that the finance would be utilised to accelerate the development of its…

News Blog

Qatar Will Allow Ticketless Fans to Enter the Country From December 2

Qatar will allow visitors without football World Cup tickets to enter the country from December 2 after the group stage matches end. However, even as a match ticket will no longer be mandatory for inbound arrivals to Qatar, visitors will still need to furnish a Hayya Card before traveling, organizers said. The Hayya Card is…

News Blog

AirAsia India-Air India Merger by 2023 as AirAsia Sells Off India Stake to Tatas

Budget carrier AirAsia India is likely to be merged with Air India Express by the end of 2023. An operational review process is underway to integrate the two carriers, Air India said in a statement this week. The merger news follows Malaysia-based AirAsia Aviation Group's announcement on Wednesday that it has sold off its remaining…

Airlines

Vistara CEO on Fighting India’s Low-Cost Carriers and Nagging Merger Questions

Merger or no merger, the Vistara team has its work cut out for it. The full-service airline would rather concentrate on thriving and growing in a market that’s dominated by low-cost carriers.

Vistara CEO on Fighting India’s Low-Cost Carriers and Nagging Merger Questions

Online Travel

MakeMyTrip Rides Travel Rebound Fueled by India’s Growing Middle Class

Having narrowed its net loss in its fiscal second quarter, MakeMyTrip's bet to concentrate on India's hinterlands seems to have paid off as the online travel agency noted that a major part of its new traffic came from smaller cities.

MakeMyTrip Rides Travel Rebound Fueled by India’s Growing Middle Class

News Blog

Qatar Drops Pre-Arrival Covid Test Requirement Right in Time for World Cup

Qatar will be dropping its requirement of a pre-arrival negative polymerase chain reaction test from November 1, just in time for the FIFA World Cup that kicks off from November 20. Qatari citizens and residents coming into the country will also not be required to undergo a rapid antigen or polymerase chain reaction test within…

Tourism

Reopened Asian Destinations Dangle New Incentives to Win Back Tourists

Destinations are looking to fill the China void by luring international tourists with incentives. And while we'd have to wait to see how effective these schemes turn out to be, travelers surely should make the most of it.

Reopened Asian Destinations Dangle New Incentives to Win Back Tourists