/main-category/tourism-transport en /node/2588005/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/reina-takla">Reina Takla</a></div><div class="field-item odd"><a href="/article-authors/nour-el-shaeri%C2%A0">Nour El-Shaeri </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, 2025-01-27 18:04</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: ��������Ƶ’s Asir region is working on securing a further SR20 billion ($5.3 billion) in private investments as part of its transformation into a year-round tourism destination, with significant projects already underway. </p> <p> With 7.8 million visitors recorded in 2024, the region is rapidly approaching its formal target of 9.1 million annual tourists by the end of the decade, revealed a senior official. </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/2025/01/27/4567797-394904246.jpg" width="7008" height="4672" alt="" title=" Hashem Al-Dabbagh, CEO of the Asir Region Development Authority. Arab News" /></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="/RFF2025">RFF2025</a></div><div class="field-item odd"><a href="/tags/business">business</a></div><div class="field-item even"><a href="/category/tags/tourism">tourism</a></div></div></div> <span class="label abs-el uppercase special"> Special </span> Mon, 27 Jan 2025 15:11:26 +0000 owen.bennett 2588005 at /node/2587986/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">Mon, 2025-01-27 14:58</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: ��������Ƶ’s Riyadh Air has obtained a General Authority of Civil Aviation license for its first Boeing 787-9 full-flight simulator, a key step in its preparations for a 2025 operational launch.</p> <p> The device, aimed at enhancing pilot training and safety standards, is a major addition to Riyadh Air’s training infrastructure. </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/2025/01/27/4567747-997909545.png" width="1157" height="569" alt="" title="Captain Sulaiman Al-Muhaimedi, GACA’s executive vice president for aviation safety and environmental sustainability, presented the operational certificate to Peter Bellew, chief operating officer at Riyadh Air. Supplied" /></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/riyadh-air">Riyadh Air</a></div><div class="field-item odd"><a href="/tags/saudi-aviation">Saudi aviation</a></div></div></div> Mon, 27 Jan 2025 12:03:23 +0000 owen.bennett 2587986 at /node/2587673/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/148726">DANIEL FOUNTAIN</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">Fri, 2025-01-24 15:41</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> DAVOS: The Middle East’s rise as a global aviation hub has been “absolutely incredible” and should be a source of pride, according to Hassan El-Houry, chairman at Menzies Aviation.</p> <p> Speaking to Arab News recently at the annual meeting of the World Economic Forum in Davos, El-Houry said the region’s aviation growth over the past two decades demonstrates that “the impossible is possible.”</p> <p> “In 20 years the Middle East has become an absolute hub for aviation. It’s absolutely incredible. It really makes us proud.”</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/2025/01/24/4566926-191544588.png" width="654" height="362" alt="Hassan El-Houry says the Middle East’s rise as a global aviation hub has been “absolutely incredible.” (Supplied)" title="Hassan El-Houry says the Middle East’s rise as a global aviation hub has been “absolutely incredible.” (Supplied)" /></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></div> Fri, 24 Jan 2025 13:01:33 +0000 Peter Harrison 2587673 at /node/2587653/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/111606">AFP</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">Fri, 2025-01-24 13:12</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> DUBAI: Emirates airline will resume flights to Beirut on Feb. 1 after a four-month suspension triggered by conflict between Israel and Hezbollah, a statement said on Friday.</p> <p> The Middle East’s biggest airline will first offer a daily return flight and scale up to two services per day from April 1, the statement said.</p> <p> Emirates will also resume a daily flight to the Iraqi capital, Baghdad, from Feb.1, it added.</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/2025/01/24/4566842-453874350.jpg" width="1000" height="666" alt="" title="Emirates will also resume a daily flight to the Iraqi capital, Baghdad. 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/emirates-airline">Emirates Airline</a></div></div></div> Fri, 24 Jan 2025 10:22:52 +0000 owen.bennett 2587653 at /node/2587540/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">Thu, 2025-01-23 17:09</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> JEDDAH: ��������Ƶ’s national flag carrier Saudia reported a 16 percent year-on-year rise in its international passenger numbers in 2024, reaching 20 million, highlighting its growth and operational success.</p> <p> Saudia also reported an 18 percent increase in transit guests compared to the previous year, surpassing 9.3 million passengers, according to its performance report statement, released on Jan. 23.</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/2025/01/23/4566534-1419526401.jpeg" width="2048" height="1496" alt="" title="Saudia’s futuristic plans include strengthening its operational model, particularly during peak travel seasons. 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/saudi-travel">Saudi travel</a></div><div class="field-item even"><a href="/tags/international-air-transport-association-iata">International Air Transport Association (IATA)</a></div></div></div> Thu, 23 Jan 2025 14:26:29 +0000 sarah.glubb 2587540 at /node/2587398/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/225841">Reuters</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, 2025-01-22 17:34</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> DUBAI: Oman’s state-owned logistics firm Asyad Group plans to sell shares in its shipping subsidiary through an initial public offering, it said on Wednesday, as part of the Gulf country’s privatization drive.<br /> The group, owned by Oman’s sovereign wealth fund, plans to sell a stake of at least 20 percent in Asyad Shipping Co. and float it on the Muscat stock exchange, it said in a document detailing its intention to float.<br /></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/2025/01/22/4566166-1765379914.jpg" width="1000" height="667" alt="" title="General view of Port of Salalah in Dhofar governorate, Oman, Aug. 6, 2024. Reuters" /></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/oman">Oman</a></div><div class="field-item odd"><a href="/tags/asyad-group">Asyad Group</a></div><div class="field-item even"><a href="/category/tags/ipo">IPO</a></div><div class="field-item odd"><a href="/tags/shipping">shipping</a></div><div class="field-item even"><a href="/tags/muscat-stock-exchange">Muscat Stock Exchange</a></div><div class="field-item odd"><a href="/tags/initial-public-offerings-ipos">initial public offerings (IPOs)</a></div></div></div> Wed, 22 Jan 2025 14:37:25 +0000 sarah.glubb 2587398 at /node/2587033/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, 2025-01-19 20:16</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: ��������Ƶ’s General Authority of Civil Aviation is set to present over $100 billion in investment opportunities at the World Economic Forum in Davos, taking place from Jan. 20 to 24.</p> <p> The Saudi House Pavilion will serve as the venue for showcasing critical aviation projects, encompassing airports, airlines, cargo logistics, and ground services, according to GACA statement.</p> <p> These initiatives are central to the Kingdom’s ambitious strategy to establish itself as a global aviation hub.</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/2025/01/19/4565231-1211883926.jpg" width="1200" height="630" alt="Beyond traditional infrastructure, the showcase will explore emerging sectors within aviation, such as cargo and logistics, Advanced Air Mobility, and business aviation. File" title="Beyond traditional infrastructure, the showcase will explore emerging sectors within aviation, such as cargo and logistics, Advanced Air Mobility, and business aviation. 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="/WEF2025">WEF 2025</a></div></div></div> Sun, 19 Jan 2025 17:23:06 +0000 shahrukh.jamshed 2587033 at /node/2587001/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-0">Nour El-Shaeri</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">Sun, 2025-01-19 13:12</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: Ports in the Gulf Cooperation Council have earned global recognition, with 10 container terminals ranking among the 70 most efficient worldwide in 2024, according to newly released data.</p> <p> The rankings highlight the growing importance of the Gulf region in international shipping and logistics.</p> <p> The ports were selected from a pool of 405 terminals globally, underscoring the region’s increasing role in global trade, the Emirates News Agency reported, citing data from the GCC Statistics Center.</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/2025/01/19/4565137-1946143555.jpg" width="2560" height="1440" alt="The rankings highlight the growing importance of the Gulf region in international shipping and logistics. Shutterstock" title="The rankings highlight the growing importance of the Gulf region in international shipping and logistics. 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/logistics">logistics</a></div><div class="field-item odd"><a href="/tags/ports">ports</a></div><div class="field-item even"><a href="/tags/containers">containers</a></div></div></div> Sun, 19 Jan 2025 10:22:38 +0000 shahrukh.jamshed 2587001 at /node/2586523/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-0">Nour El-Shaeri</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, 2025-01-15 14:52</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: ��������Ƶ plans to allocate half of its government spending in the transport and logistics sector to rail infrastructure, with a primary focus on bolstering the minerals and industrial sectors, according to Saleh Al-Jasser, the Kingdom’s minister of transport and logistics services.</p> <p> Speaking at the Future Minerals Forum in Riyadh, Al-Jasser underscored the strength of ��������Ƶ’s infrastructure and ongoing investments in transport systems. “Our roads, for example, are the most connected network globally,” he stated.</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/2025/01/15/4563860-2111196396.jpeg" width="1600" height="740" alt="Saudi Minister of Transport and Logistics Services Saleh Al-Jasser speaks at the Future Minerals Forum in Riyadh on Wednesday." title="Saudi Minister of Transport and Logistics Services Saleh Al-Jasser speaks at the Future Minerals Forum in Riyadh on Wednesday." /></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/future-minerals-forum">Future Minerals Forum</a></div><div class="field-item odd"><a href="/tags/logistics">logistics</a></div><div class="field-item even"><a href="/tags/minerals">minerals</a></div></div></div> Wed, 15 Jan 2025 11:56:48 +0000 shahrukh.jamshed 2586523 at /node/2585801/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">Thu, 2025-01-09 15:36</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: Rotana Hotels is turning its attention to smaller cities in ��������Ƶ as part of its ambitious growth strategy to strengthen its presence in the Kingdom. </p> <p> Speaking on the sidelines of the third Saudi Tourism Forum, the firm’s Chief Operating Officer Eddy Tannous told Arab News the company is engaging with tourism authorities, development funds, and private investors to explore opportunities in emerging destinations such as Al-Baha and Asir.</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/2025/01/09/4561955-11664250.jpg" width="3784" height="2527" alt="" title="Eddy Tannous, chief operating officer, of Rotana" /></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/rotana-hotels">Rotana Hotels</a></div><div class="field-item odd"><a href="/tags/saudi-tourism-forum">Saudi Tourism Forum</a></div><div class="field-item even"><a href="/tags/business">business</a></div></div></div> <span class="label abs-el uppercase special"> Special </span> Thu, 09 Jan 2025 12:50:28 +0000 owen.bennett 2585801 at /node/2585795/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 class="field-item odd"><a href="/article-authors/reem-walid%C2%A0">REEM WALID </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, 2025-01-09 14:47</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: ��������Ƶ’s Asir region is set to shift from the planning phase to execution in 2025, with several major projects, including the Seven Entertainment Complex, scheduled for completion, according to a senior official.</p> <p> Speaking to Arab News on the sidelines of the second day of the third Saudi Tourism Forum held in Riyadh from Jan. 7 to 9, Acting CEO of Asir Development Authority Hashem Al-Dabbagh explained that the entity is working with several parties to ensure that the projects in the pipeline progress this year.</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/2025/01/09/4561939-894419895.jpg" width="3938" height="2630" alt="" title="Hashem Al-Dabbagh, acting CEO of Asir Development Authority. AN" /></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-forum">Saudi Tourism Forum</a></div><div class="field-item odd"><a href="/tags/asir-development-authority-asda">Asir Development Authority (ASDA)</a></div><div class="field-item even"><a href="/tags/business">business</a></div></div></div> <span class="label abs-el uppercase special"> Special </span> Thu, 09 Jan 2025 11:54:40 +0000 owen.bennett 2585795 at /node/2585792/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">Thu, 2025-01-09 14:19</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: The first phase of the Terminal 1 expansion at King Khalid International Airport in Riyadh was inaugurated on Jan. 8, enhancing the airport’s capacity to accommodate up to 7 million passengers per year.</p> <p> The ceremony was attended by ��������Ƶ’s Minister of Transport and Logistics Services Saleh Al-Jasser, who also serves as chairman of the General Authority of Civil Aviation.</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/2025/01/09/4561934-939895749.jpeg" width="1600" height="1066" alt="��������Ƶ’s Minister of Transport and Logistics Services Saleh Al-Jasser takes a tour of the expanded facility. SPA" title="��������Ƶ’s Minister of Transport and Logistics Services Saleh Al-Jasser takes a tour of the expanded facility. 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/aviation">aviation</a></div></div></div> Thu, 09 Jan 2025 11:21:09 +0000 shahrukh.jamshed 2585792 at /node/2585785/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">Thu, 2025-01-09 13:03</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: Domestic tourism in ��������Ƶ is a key driver of the Kingdom’s thriving travel sector, proving its growth was not a “blip” during the pandemic, according to a senior executive.</p> <p> In an interview with Arab News, Muzzammil Ahussain, CEO of Saudi travel company Almosafer, said the surge in domestic travel during COVID-19 was not just a temporary phenomenon caused by travel restrictions, but is instead the result of deliberate and sustained investments in creating attractive offerings, events, and experiences within the country.</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/2025/01/09/4561916-971268766.jpeg" width="1600" height="1068" alt="" title="Almosafer’s CEO Muzzammil Ahussain. AN" /></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/almosafer">almosafer</a></div><div class="field-item odd"><a href="/tags/saudi-tourism">saudi tourism</a></div><div class="field-item even"><a href="/tags/saudi-tourism-forum">Saudi Tourism Forum</a></div><div class="field-item odd"><a href="/tags/business">business</a></div></div></div> <span class="label abs-el uppercase special"> Special </span> Thu, 09 Jan 2025 10:28:16 +0000 owen.bennett 2585785 at /node/2585782/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">Thu, 2025-01-09 12:31</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: Saudi low-cost airline flynas launched its first direct flight between Jeddah and Djibouti on Jan. 8, further expanding its network in Africa. </p> <p> According to a press statement, the inaugural celebration was held at King Abdulaziz International Airport and was attended by Djibouti’s Ambassador to the Kingdom Dya-Eddine Said Bamakhrama and representatives from flynas and Jeddah Airport Co. </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/2025/01/09/4561910-2075914247.png" width="1139" height="752" alt="" title="Flynas will operate three weekly flights from Jeddah to Djibouti. Flynas" /></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/flynas">Flynas</a></div><div class="field-item odd"><a href="/tags/flyadeal">flyadeal</a></div><div class="field-item even"><a href="/tags/saudi-aviation">Saudi aviation</a></div></div></div> Thu, 09 Jan 2025 09:45:31 +0000 owen.bennett 2585782 at /node/2585574/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%C2%A0%C2%A0">NOUR EL-SHAERI   </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, 2025-01-07 17:46</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: Electric vehicle manufacturer Lucid Motors has become the first global automotive company to join the Kingdom’s “Made in Saudi” program as the country continues strengthening its industrial capabilities. </p> <p> The milestone grants Lucid the right to use the “Saudi Made” label on its products, symbolizing the nation’s focus on quality and innovation. </p> <p> The strategy aims to increase the industrial sector’s contribution to the gross domestic product to at least 20 percent by 2025, tripling the current industrial base. </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/2025/01/07/4561371-1784481587.jpeg" width="1280" height="854" alt="" title="Lucid Motors joins ‘Made in Saudi’ program to boost the ��������Ƶ’s leadership in electric vehicle manufacturing. X/@BAlkhorayef" /></div><div class="field-item odd"><img src="/sites/default/files/2025/01/07/4561373-993083759.jpeg" width="1280" height="846" alt="" title="Lucid Motors joins ‘Made in Saudi’ program to boost the ��������Ƶ’s leadership in electric vehicle manufacturing. X/@BAlkhorayef" /></div><div class="field-item even"><img src="/sites/default/files/2025/01/07/4561372-1850529844.jpeg" width="1280" height="854" alt="" title="Lucid Motors joins ‘Made in Saudi’ program to boost the ��������Ƶ’s leadership in electric vehicle manufacturing. X/@BAlkhorayef" /></div><div class="field-item odd"><img src="/sites/default/files/2025/01/07/4561374-1059780797.jpeg" width="1280" height="854" alt="" title="Lucid Motors joins ‘Made in Saudi’ program to boost the ��������Ƶ’s leadership in electric vehicle manufacturing. X/@BAlkhorayef" /></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-motors">Lucid Motors</a></div><div class="field-item odd"><a href="/tags/electric-vehicle-ev">electric vehicle (EV)</a></div><div class="field-item even"><a href="/tags/made-saudi">Made in Saudi</a></div><div class="field-item odd"><a href="/tags/evs-0">EVs</a></div><div class="field-item even"><a href="/tags/bandar-alkhorayef">Bandar Alkhorayef</a></div></div></div> Tue, 07 Jan 2025 15:02:49 +0000 sarah.glubb 2585574 at