Month: February 2024

stc Group revenues and bottom line for the year 2023 reached SAR 72.3 billion and SAR 13.3 billion with an increase of 7.3% and 9.2% (respectively), and it distributes SAR 0.40 per share dividends for the 4th quarter of 2023

• stc revenues for the year 2023 reached SAR 72,337m with an increase of 7.3% as compared to 2022. The growth of revenue was mainly attributed to the increase in commercial unit revenues by 5.1%, carriers and wholesale unit revenues by 1.4% in stc KSA, and the subsidiaries revenues also increased by 23.9%. • Gross

Over 185,000 Fans Immersed In The Magic Of Dubai’s First Mega Festival: UNTOLD Dubai Wraps Up With Record-Breaking Success In UAE

The inaugural UNTOLD Dubai festival, a globally recognised brand born in Romania, Europe has just etched its mark on the international festival landscape, attracting over 185,000 music enthusiasts from around the world with 45,000 attending the final day. Over four days and four nights, UNTOLD Dubai transformed Expo City Dubai into a sprawling musical utopia,

Raffles Hotels & Resorts To Debut In Trojena, The Mountains Of NEOM

Raffles Hotels & Resorts, a leading luxury brand of Accor, and NEOM today unveiled plans to debut a new resort in Trojena, the year-round mountain destination located in northwestern Saudi Arabia. Slated to open in 2027, Raffles Trojena will reimagine mountainside hospitality, offering guests unprecedented access to discover and explore the region’s incomparable beauty. “We

AlUla in Saudi Arabia joins Swissport’s network

Swissport International AG has added Al-Ula to its growing network of airports in the Kingdom of Saudi Arabia, underlining the company’s ambitious and successful growth strategy in the Kingdom. Al-Ula, a rising international tourism hotspot, is already the sixth airport at which Swissport operates in Saudi Arabia. Swissport has added Prince Abdul Majeed bin Abdulaziz

Saudi Motorsport Company Launches ‘Future Truck’ Educational Tour

The Saudi Motorsport Company (SMC) – Promoter of the FORMULA 1 STC SAUDI ARABIAN GRAND PRIX 2024 – has launched an exciting new educational initiative designed to bring the power of motorsport to students across Jeddah, the home of F1 in Saudi Arabia. The Future Truck roadshow will embark on a journey through Jeddah throughout February until March

DXB Smashes Targets With 87 Million Guests In 2023, Rising 31.7% From Previous Year

Dubai International (DXB) has concluded a record-breaking year of achievements and extraordinary growth by welcoming 87 million guests in annual traffic in 2023, surpassing not only Dubai Airports’ own yearly forecast but also pre-pandemic levels of traffic. This remarkable performance marks the successful and ahead-of-time completion of DXB’s recovery journey, further solidifying its position as

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