Saudi Arabia Newsroom
TAV Airports to build new domestic terminal and expand international capacity in Madinah
The planned investment includes building a new domestic terminal across 40,000sq m and developing the existing terminal to accommodate more international traffic.
The new-look brand signature will be rolled out during Relay openings in France and abroad over coming months.
Brazil, Russia, India, China and South Africa (BRICS) and new members Egypt, Ethiopia, Iran, Saudi Arabia and the UAE now contribute to 36% of the global GDP and are collectively home to 1.6 million millionaires.
The Saudi Arabia Public Investment Fund-owned The Oil Park Development Company is developing THE RIG., which is based on an oil rig platform design and will offer a range of hospitality, leisure, entertainment and premium accommodation options.
Markets react favourably to the US beauty powerhouse’s latest quarterly results with its previously beleaguered share price surging +12.05% by end of trading. Travel retail inventory challenges in North Asia are easing, insists Freda.
The Estée Lauder Companies today reported net sales of US$4.28 billion for its second quarter ended 31 December, down by -7% year-on-year. Organic net sales fell -8%, reflecting “the expected challenges in Asia travel retail as well as softness in prestige beauty in Mainland China”, the company said. The decrease also reflects a -1% headwind […]
The hugely powerful sovereign wealth fund plans to create a top ten travel retail powerhouse that will reflect and help drive the Kingdom’s burgeoning tourism and aviation sectors, as part of the Vision 2030 programme, The Moodie Davitt Report can reveal.
The business saw robust trading led by leisure travel demand across all regions with the strongest performances in North America and APAC & EEME.
The contract encompasses Terminal 1 (with a term of seven years) and the North Terminal (five years plus an extension option).
SSP acquires Calgary-based ECG Ventures Limited, with F&B locations at Calgary and Edmonton airports. It also extends its reach in Saudi Arabia with three food & beverage packages at Jeddah Airport.
AROYA Cruises owner Cruise Saudi will work with the Culinary Arts Commission to introduce the Irth Culinary Boutique & Café, bringing guests authentic Saudi Arabian cuisine at sea.
Alshaya-operated café Starbucks and a Saudi fast food offer from Al Baik have opened in the Riyadh gateway’s terminals 3 and 4.
The luxury goods retailer and distributor has unveiled an immersive retail space that offers passengers more than 200 brands across fashion, beauty, jewellery, eyewear and more.