/main-category/tourism-transport en /node/2597306/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/reem-walid%C2%A0%C2%A0">Reem Walid聽聽</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2025-04-16 16:46</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 抖阴短视频 issued 8,357 licenses for private hospitality facilities in 2024, marking a 333 percent year-on-year surge as the Kingdom ramps up efforts to build a globally competitive tourism sector.聽</p> <p> The latest data, released by the Ministry of Tourism, reflects soaring investor interest in the hospitality segment and the government鈥檚 push to expand capacity across accommodation types, particularly individually owned, furnished units licensed to serve paying guests, the Saudi Press Agency reported.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/16/4592705-628237050.jpg" width="1000" height="750" alt="" title="The latest data, released by the Ministry of Tourism, reflects soaring investor interest in the hospitality segment and the government鈥檚 push to expand capacity across accommodation types, particularly individually owned, furnished units licensed to serve paying guests. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/saudi-tourism">saudi tourism</a></div><div class="field-item odd"><a href="/category/tags/travel">Travel</a></div><div class="field-item even"><a href="/tags/2034-fifa-world-cup">2034 FIFA World Cup</a></div></div></div> Wed, 16 Apr 2025 13:51:42 +0000 ameen.syed 2597306 at /node/2597259/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/reem-walid%C2%A0">REEM WALID聽</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2025-04-16 13:29</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 抖阴短视频鈥檚 General Authority of Civil Aviation has signed multiple air transport agreements at the International Civil Aviation Organization Facilitation Conference in Doha, as part of its strategy to bolster international cooperation and expand the Kingdom鈥檚 global aviation footprint.</p> <p> Held from April 14 to 17 in Qatar, the conference brought together officials from 190 countries, including more than 120 ministers of transport and heads of civil aviation authorities.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/16/4592570-1366205369.jpeg" width="1600" height="1092" alt="The agreements aim to establish regulatory frameworks for air transport, reinforce civil aviation safety and security standards. SPA" title="The agreements aim to establish regulatory frameworks for air transport, reinforce civil aviation safety and security standards. SPA" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/gaca">GACA</a></div><div class="field-item odd"><a href="/tags/icao">ICAO</a></div><div class="field-item even"><a href="/tags/aviation">aviation</a></div></div></div> Wed, 16 Apr 2025 10:32:08 +0000 shahrukh.jamshed 2597259 at /node/2597245/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/226076">REUTERS聽</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2025-04-16 11:40</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Lucid聽is on track to launch its midsize electric SUV in 2026, company executives said on Tuesday, as the EV maker looks to tap an increasingly competitive segment dominated by rival Tesla鈥檚聽bestselling Model Y crossover.聽</p> <p> 鈥淭here are a lot of crazy things going on in the world that can affect that (timeline). But currently we are on track,鈥� said Derek Jenkins, senior vice president at Lucid.聽</p> <p> The company targets a $50,000 price point, which will pit the model against contenders such as the Ford Mustang Mach-E, Hyundai聽Ioniq 5 and the upcoming Rivian R2.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/16/4592526-1438642542.jpg" width="1000" height="690" alt="" title="The company targets a $50,000 price point, which will pit the model against contenders such as the Ford Mustang Mach-E, Hyundai聽Ioniq 5 and the upcoming Rivian R2.聽Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/lucid">Lucid</a></div><div class="field-item odd"><a href="/tags/tesla">Tesla</a></div><div class="field-item even"><a href="/tags/cv">CV</a></div></div></div> Wed, 16 Apr 2025 08:43:27 +0000 ameen.syed 2597245 at /node/2597105/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/206261">MOHAMMED AL-KINANI</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Tue, 2025-04-15 13:26</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> JEDDAH: The UAE is set to reestablish air links with Syria, announcing the resumption of flights after more than a decade-long suspension, according to the country鈥檚 official news agency.</p> <p> Flights between the UAE and Syria were halted in 2012, following the outbreak of the Syrian civil war. Both Emirates and Etihad Airways suspended their operations to Damascus due to rising security concerns, in alignment with broader regional moves at the time.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/15/4592177-5829336.jpg" width="1920" height="1080" alt="The UAE鈥檚 General Civil Aviation Authority said joint coordination is underway to complete the necessary procedures for the resumption of flights between the two countries. File" title="The UAE鈥檚 General Civil Aviation Authority said joint coordination is underway to complete the necessary procedures for the resumption of flights between the two countries. File" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/aviation">aviation</a></div><div class="field-item odd"><a href="/tags/flights">flights</a></div></div></div> Tue, 15 Apr 2025 10:28:23 +0000 shahrukh.jamshed 2597105 at /node/2596960/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/206261">MOHAMMED AL-KINANI</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2025-04-14 12:55</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> JEDDAH: 抖阴短视频 has launched a public tender for a national charter air carrier license, inviting private operators to offer non-scheduled services as part of its push to expand the aviation sector.聽</p> <p> The General Authority of Civil Aviation said interested investors must request the tender documents via email. The bidding window opened April 13 and runs through May 21, with offers to be submitted both physically in sealed envelopes and electronically in encrypted form. Bids will be opened on May 22 in Riyadh.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/14/4591791-187374094.jpg" width="1000" height="513" alt="" title=" GACA said that the initiative is designed 鈥渢o enhance the quality of services provided to travelers, raise the level of competitiveness.鈥澛燬hutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/general-authority-civil-aviation-gaca">General Authority of Civil Aviation (GACA)</a></div><div class="field-item odd"><a href="/tags/saudi-aviation">Saudi aviation</a></div></div></div> Mon, 14 Apr 2025 10:00:12 +0000 owen.bennett 2596960 at /node/2596536/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/miguel-hadchity">Miguel Hadchity</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2025-04-10 12:57</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Malham Airport is set to begin serving the Saudi public after the General Authority of Civil Aviation approved the site to be added to the Kingdom鈥檚 air transport network.</p> <p> The facility聽has been designated a specialized general aviation airport, a move that aligns with Saudi Vision 2030鈥檚 goals to transform the Kingdom into a global nexus for business and tourism.聽</p> <p> Situated approximately 70 km north of downtown Riyadh and spanning 1.44 million sq. meters, the facility is built to accommodate over 25,000 flights per year.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/10/4590639-1793535055.jpg" width="1000" height="563" alt="" title="The announcement comes amid a period of unprecedented growth for 抖阴短视频鈥檚 aviation industry.聽Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/malham-airport">Malham Airport</a></div><div class="field-item odd"><a href="/tags/general-authority-civil-aviation-gaca">General Authority of Civil Aviation (GACA)</a></div></div></div> Thu, 10 Apr 2025 10:00:48 +0000 owen.bennett 2596536 at /node/2596439/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nadin-hassan">Nadin Hassan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2025-04-09 17:14</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 抖阴短视频鈥檚 tourism sector saw significant growth in 2024, with the number of licensed hospitality facilities increasing by 89 percent to聽4,425 across various regions of the Kingdom.</p> <p> In a post on X, the Ministry of Tourism鈥檚 official spokesperson聽Mohammed Al-Rasasimah described the surge as聽鈥渞emarkable,鈥澛燼dding that it reflects efforts 鈥渢o support the sector鈥檚 growth and enhance its investment attractiveness.鈥�</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/09/4590402-1630747278.jpg" width="1000" height="667" alt="" title="Salwa Palace at At-Turaif UNESCO World Heritage site illuminated at night, Diriyah, 抖阴短视频. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/tourism">tourism</a></div><div class="field-item odd"><a href="/tags/saudi-tourism">saudi tourism</a></div></div></div> Wed, 09 Apr 2025 14:25:35 +0000 owen.bennett 2596439 at /node/2596262/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/miguel-hadchity">Miguel Hadchity</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Tue, 2025-04-08 12:27</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Kuwait has signed a 2.5 million Kuwaiti dinars ($8.1 million)聽contract for the design and planning of its section of the regional rail network, marking a step forward in the realization of the Gulf Railway Project聽first conceived in 2009.聽</p> <p> The agreement with Turkish consultancy firm Proyapi marks the official launch of Kuwait鈥檚 participation in this Gulf Cooperation Council-wide infrastructure initiative, bringing the long-delayed project closer to reality.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/08/4589923-1576037962.png" width="1270" height="865" alt="" title="Kuwait鈥檚 Minister of Public Works signed a contract for the study and design of the railway project with Proyabi. KUNA" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/gulf-railway-project">Gulf railway project</a></div><div class="field-item odd"><a href="/tags/kuwait">Kuwait</a></div></div></div> Tue, 08 Apr 2025 09:45:44 +0000 owen.bennett 2596262 at /node/2596260/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/206261">MOHAMMED AL-KINANI</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Tue, 2025-04-08 12:15</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> JEDDAH: Saudi shipping firm Folk Maritime Services Co. has purchased its second vessel in a sign of the growing strength of the Kingdom鈥檚 logistics sector.</p> <p> The company, which is owned by the Public Investment Fund, described the acquisition of the M/V Folk Jazan as a significant step forward in enhancing regional maritime connectivity.</p> <p> The addition of the second vessel aligns with 抖阴短视频鈥檚 National Logistics Strategy, which aims to increase the sector鈥檚 contribution to the gross domestic product from 6 percent to 10 percent by 2030.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/08/4589918-125653694.png" width="2272" height="1220" alt="" title="Folk Jazan was built in 2008 by Zhejiang Shipbuilding Co. in China. Folk Maritime" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/folk-maritime">Folk Maritime</a></div><div class="field-item odd"><a href="/tags/shipping">shipping</a></div><div class="field-item even"><a href="/tags/logistics">logistics</a></div></div></div> Tue, 08 Apr 2025 09:19:40 +0000 owen.bennett 2596260 at /node/2596191/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nirmal-narayanan">Nirmal Narayanan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2025-04-07 15:33</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH:聽AviLease, an aircraft leasing firm owned by 抖阴短视频鈥檚 Public Investment Fund, has signed a memorandum of understanding with Turkish Airlines for long-term contracts for eight Airbus A320neo aircraft.聽</p> <p> According to a press statement, two aircraft have already been provided, with the remaining six scheduled for delivery throughout 2025.聽</p> <p> PIF launched AviLease in 2022 to harness the potential of promising sectors within the Kingdom, aiming to drive economic diversification and contribute to the growth of the non-oil gross domestic product.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/07/4589728-1424360609.jpeg" width="900" height="600" alt="According to a press statement, two aircraft have already been provided, with the remaining six scheduled for delivery throughout 2025.聽" title="According to a press statement, two aircraft have already been provided, with the remaining six scheduled for delivery throughout 2025.聽" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/pif">PIF</a></div><div class="field-item odd"><a href="/tags/avilease">AviLease</a></div><div class="field-item even"><a href="/tags/turkish-airlines">Turkish Airlines</a></div></div></div> Mon, 07 Apr 2025 12:36:01 +0000 shahrukh.jamshed 2596191 at /node/2596106/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/reem-walid">Reem Walid</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2025-04-06 18:37</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 抖阴短视频鈥檚 Riyadh Air has received approval from the General Authority of Civil Aviation to commence its flight operations, according to a statement released on Sunday.</p> <p> The airline, owned by the Public Investment Fund, was granted the Air Operator Certificate after successfully meeting all regulatory, safety, and operational standards.</p> <p> This milestone aligns with Riyadh Air鈥檚 goal of connecting over 100 international cities by 2030 and contributing more than $20 billion to the Kingdom鈥檚 economy.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/06/4589502-1796124505.png" width="2394" height="1124" alt="The airline, owned by the Public Investment Fund, was granted the Air Operator Certificate after successfully meeting all regulatory, safety, and operational standards. " title="The airline, owned by the Public Investment Fund, was granted the Air Operator Certificate after successfully meeting all regulatory, safety, and operational standards. " /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/aviation">aviation</a></div><div class="field-item odd"><a href="/tags/pif">PIF</a></div><div class="field-item even"><a href="/tags/saudivision2030">SaudiVision2030</a></div></div></div> Sun, 06 Apr 2025 15:40:09 +0000 shahrukh.jamshed 2596106 at /node/2595669/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/reem-walid%C2%A0">REEM WALID聽</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2025-04-02 14:09</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: 抖阴短视频鈥檚 national carrier Saudia has launched direct flights to Vienna and Athens as it enhances its presence in Europe as part of a broader network expansion strategy.</p> <p> The airline will operate three weekly flights to the Austrian capital, which began with an Airbus A320 service from King Abdulaziz International Airport to Vienna International Airport, the company said in a statement.</p> <p> Saudia plans to extend the service with flights from Riyadh鈥檚 King Khalid International Airport starting in June.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/02/4588324-1351205839.jpg" width="1000" height="667" alt="" title="Peoples on the streets of Vienna, Austria. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/saudia">Saudia</a></div><div class="field-item odd"><a href="/tags/vienna">vienna</a></div><div class="field-item even"><a href="/tags/saudi-aviation">Saudi aviation</a></div></div></div> Wed, 02 Apr 2025 11:13:19 +0000 owen.bennett 2595669 at /node/2595660/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/dayan-abou-tine">Dayan Abou Tine</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2025-04-02 12:36</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Inbound tourism spending in 抖阴短视频 surged to a record SR153.61 billion ($40.95 billion) in 2024, marking a 13.82 percent annual increase, according to data from the Saudi Central Bank.</p> <p> The rise聽also pushed the Kingdom鈥檚 travel balance surplus to its highest annual level yet 鈥� SR49.78 billion 鈥� up 7.81 percent from the previous year. Outbound spending by Saudi residents rose 16.94 percent year on year, reaching SR103.84 billion.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/02/4588300-1346376230.jpg" width="1000" height="666" alt="" title=" Billboard in Dubai to promoting tourism in 抖阴短视频. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/saudi-tourism">saudi tourism</a></div><div class="field-item odd"><a href="/tags/ministry-tourism">ministry of tourism</a></div></div></div> Wed, 02 Apr 2025 10:16:26 +0000 owen.bennett 2595660 at /node/2595549/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nour-el-shaeri%C2%A0">Nour El-Shaeri聽</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Tue, 2025-04-01 13:37</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Saudia has launched a scheduled service to Bali with three weekly flights from Jeddah, marking the airline鈥檚 second regular destination in Indonesia after Jakarta.</p> <p> The inaugural flight, SV856, departed from King Abdulaziz International Airport in Jeddah on March 31, operated by a Boeing B787 Dreamliner.聽</p> <p> Saudia stated in a release that flight times have been coordinated to connect with its wider domestic and international network, as well as with services operated by members of the SkyTeam alliance.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/01/4587984-1355336467.png" width="1564" height="1048" alt="" title="The Bali route will be served by Saudia鈥檚 Boeing B787 Dreamliner aircraft. Saudia" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/saudia">Saudia</a></div><div class="field-item odd"><a href="/tags/aviation-sector">aviation sector</a></div></div></div> Tue, 01 Apr 2025 10:44:59 +0000 owen.bennett 2595549 at /node/2595545/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nirmal-narayanan">Nirmal Narayanan</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Tue, 2025-04-01 12:33</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Airlines operating in the Middle East recorded a 3.3 percent year-on-year increase in passenger demand in February, with total flight capacity rising 1.3 percent during the same period, an industry report showed.聽</p> <p> The latest data from the International Air Transport Association revealed global passenger demand, both domestic and international, increased by 2.6 percent over the second month of the year.聽</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/04/01/4587973-735527929.jpg" width="1000" height="702" alt="" title="Carriers in the Middle East handled 9.4 percent of global passengers in February, a figure that remained unchanged from January.聽Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/tourism-transport">Tourism &amp; Transport</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/international-air-transport-association-iata">International Air Transport Association (IATA)</a></div><div class="field-item odd"><a href="/tags/aviation-sector">aviation sector</a></div></div></div> Tue, 01 Apr 2025 09:55:29 +0000 owen.bennett 2595545 at