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Articles tagged “saudi arabia”

News Blog

Etihad CEO Poached by Saudi Arabia’s New Airline: Reports

Abu Dhabi-based Etihad Airways CEO Tony Douglas has agreed to join RIA — Saudi Arabia's newest airline, according to reports. It had been earlier reported that RIA, the multi-billion-dollar international carrier, had approached Douglas for the top job. Douglas has apparently agreed and other senior Etihad executives may follow him, according to Arabian Business. Global…

Tourism

Saudi Arabia Tourism’s Chief Technology Officer on Digital-First Priorities

Choon Yang Quek surely has his work cut out for him. It would be interesting to witness how he juggles between convincing travelers that this is the new Saudi and educating locals that Saudi needs to open to the world.

Saudi Arabia Tourism’s Chief Technology Officer on Digital-First Priorities

News Blog

Saudi Sovereign Wealth Fund to Pick 30 Percent Stake in Almosafer

Saudi Arabia's Public Investment Fund has proposed to acquire a 30 percent stake in Riyadh-based travel firm Almosafer — a subsidiary of Seera Group — for $412 million. As part of the pact, Seera’s destination management company — Discover Saudi and its Hajj and Umrah travel operator — Mawasim will fall under Almosafer. The Seera Group,…

News Blog

Saudi Arabia’s New Airline Will be Called RIA — Reports

Saudi Arabia’s government plans to call its new multi-billion-dollar international airline RIA, according to reports. The plan is for it to be a premium global superconnector, like Emirates, Qatar and Etihad, as the kingdom continues its ambitious Vision 2030 tourism plan. It wants to increase the number of air routes from about 100 to 250.…

News Blog

Saudi Arabia’s New Visa Rules Could Open Up Travel for Millions of Visitors

Saudi Arabia is making it easier for millions of tourists to enter the Kingdom by streamlining and relaxing its visa options for residents from multiple countries, effective September 1. Residents from Bahrain, Kuwait, Oman, Qatar, and the United Arab Emirates —the Gulf Cooperation Council (GCC) countries— can now apply for electronic tourist visas (eVisas), according…

News Blog

Wizz Air Unveils Major Saudi Arabia Expansion

European discounter Wizz Air will land in Saudi Arabia this December with a major expansion under the kingdom's push to dramatically expand visitor numbers by the end of the decade. Wizz plans to launch 20 nonstop routes to Dammam, Jeddah, and Riyadh from 11 European gateways, including its Budapest base, Rome and Vienna, between December…

Hotels

Aman Resorts’ New Funding Set to Boost Its Niche Status in Luxury Travel

The Aman brand is not your billionaire father's ultra-luxury hotel. But can the brand retain its appeal with a rising generation as it scales to the size of Waldorf Astoria?

Aman Resorts’ New Funding Set to Boost Its Niche Status in Luxury Travel

News Blog

Dubai Airport Now Expects Full Recovery a Year Earlier — By 2023

Dubai International Airport expects passenger traffic to return to pre-pandemic levels by the end of 2023, a year earlier than its CEO Paul Griffiths' prediction of hoping to regain pre-Covid traffic levels by 2024. As air travel gets back to normal, Dubai Airport witnessed a half-yearly traffic of 27.9 million passengers this year, just 1.2…

News Blog

Aman Hotels Now Valued at $3 Billion After $900 Million Fresh Investment

Aman Group has received a $900 million investment from Saudi Arabia’s Public Investment Fund and Cain International, the London-based privately-held real estate investment firm. The transaction now values the Swiss hospitality brand at $3 billion, said Cain in a press statement. The investment will be used to enhance the existing portfolio, drive the construction pipeline…

Airlines

Israel’s El Al Hopeful of Oman Airspace Approval to Gain Shortcut to Asia

As well as savings from less fuel burn, the shorter route opens up destinations like Australia for the flag carrier.

Israel’s El Al Hopeful of Oman Airspace Approval to Gain Shortcut to Asia