Riyadh, (23 October 2023): Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has successfully secured an operating license for its water aerodrome on Ummahat Island at The Red Sea destination. This is the first license to be granted for a water aerodrome in Saudi
flynas, the national air carrier and the leading low-cost airline in the world and the Middle East, has announced the launch of direct flights between Brussels and Jeddah. The new destination is a result of flynas’ partnership with the Air Connectivity Program (ACP) and the airline’s planned expansion of its international network This growth aligns
Saudi Arabia, in pursuit of hosting 1.3 million cruise visitors by 2035, has identified the cruise industry as a vital element of its Vision 2030 framework. This aligns with Vision 2030’s goals of diversifying the economy and promoting tourism. The increasing popularity of cruises among the under-20 demographic, showing the fastest growth, highlights the demand
Deel, a global HR platform driving the evolution of remote work has unveiled new research revealing the UAE is the frontrunner regarding employee cryptocurrency withdrawals within the GCC. The new findings are in line with the UAE’s forward-looking approach to embracing innovation in the financial sector and creating regulatory frameworks that enable users to embrace
Bitcoin, the world’s first and most well-known cryptocurrency, has captured the attention of investors and enthusiasts worldwide. One of the key events that significantly impacts the Bitcoin ecosystem is the halving, which cuts the rate at which new Bitcoins are generated in half. With the next Bitcoin halving scheduled for 2024, investors are eagerly anticipating
Gulf Capital, a leading operationally focused private equity firm investing from the GCC to Asia, announced today the successful completion of its exit from iSONXperiences (“iSON”), a leading tech-enabled emerging markets customer experience and delivery partner that offers Business Process Outsourcing (BPO) services across India and Africa. Gulf Capital and AfricInvesthad invested around US$50 million