Saudi PIF launches investment unit for Aseer region
Saudi Arabia’s sovereign wealth fund PIF (Public Investment Fund) has announced the launch of its new investment unit in the kingdom’s Aseer region. The key entity, Aseer Investment Company, will operate and stimulate direct local and international investments into the Aseer region in bid to turn it into a global tourist destination which will attract […]
WTTC’s Global Summit in Riyadh set to be biggest ever
The World Travel & Tourism Council’s (WTTC) 22nd Global Summit opened yesterday (November 28) in Riyadh, Saudi Arabia, in what is set to be the largest event in its history with an estimated 3,000 people expected to attend.. Addressing media from around the world, Julia Simpson, WTTC President & CEO, announced that the event taking […]
Saudi Arabia becomes 1st Gulf state to chair UNWTO Executive Council
Saudi Arabia has become the first GCC country to chair the United Nations World Tourism Organization (UNWTO) Executive Council. The election took place at the UNWTO’s 117th Executive Council meeting in Marrakesh, Morocco. The move follows Saudi Arabia’s diplomatic efforts to cooperate on improving the global tourism sector and increasing its resilience. The term for […]
Elaf signs technology agreement with Sabre
Elaf Travel and Tourism, a leading travel management company in Saudi Arabia, and Sabre Corporation, a leading software and technology company that powers the global travel industry, cemented a long-standing relationship, have signed an agreement to drive the agency’s growth through advanced technology The agreement was signed at a ceremony attended by management and executives […]
Kuwait, Saudi Arabia, ink MoU for boosting tourism cooperation
The Kuwaiti Ministry of Information and the Saudi Ministry of Tourism signed on Monday a memorandum of understanding for boosting tourism cooperation. The MoU, inked by the Kuwaiti Minster of Information, Culture Minister of State for Youth Affairs Abdulrahman Al-Mutairi and the Saudi Tourism Minister Ahmad Al-Khatib, stipulated that the two sides would […]
Saudi Al Hokair launches entertainment centre Playocity
Saudi Arabia’s Al Hokair Group for Tourism and Development, has entered a licensed agreement with Hasbro, a leader in branded entertainment, bring Playocity, a first-of-its-kind entertainment centre, to the Kingdom. The first two Playocity sites will open soon, encompassing 6,000 sq ft across both sites to offer spectacular fun for everyone, and Al Hokair Group […]
Saudi’s TRSDC becomes Red Sea Global with world-wide ambition
The developer behind two of the world’s most ambitious regenerative tourism projects – The Red Sea and Amaala — has confirmed its transformation into Red Sea Global (RSG) on the sidelines of the sixth Future Investment Initiative in Riyadh. The developer, formerly known as The Red Sea Development Company (TRSDC), aims to set […]
Saudia celebrates 70 years of flying to Bahrain
Saudi Arabian Airlines (Saudia), the national flag carrier of Saudi Arabia, has celebrated 70 years of flying to Bahrain. Saudia launched services to Bahrain International Airport in 1952, and today operates an average of three flights a day to the Saudi cities of Jeddah and Riyadh. Commemorating the platinum anniversary, Saudia operated special flights from […]
TRSDC appoints Think Strawberries its GCC tourism partner
The Red Sea Development Company (TRSDC), a closed joint-stock company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia, has appointed Think Strawberries, a leading tourism representation company, as its partner across the GCC to develop the region’s growing outbound ultra-luxury travel market. Pioneering an ambitious path to lead the way […]
Wizz Air launches Rome-Dammam ultra-low-cost flights
Wizz Air, Europe’s fastest growing and most sustainable airline, has commenced its flight from Rome (Italy) to Dammam (Saudi Arabia). The new ultra-low-cost route will provide a boost to the burgeoning tourism industry in both Italy and Saudi Arabia, by bringing a new era of affordable, hassle-free, and point-to-point travel opportunities, the airline […]