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RIYADH: Saudi Arabia’s Tadawul All-Share Index fell on Sunday, shedding 67.36 points (0.55%) to close at 12,217.05. Total trading volume in the benchmark index was 5.33 billion riyals ($1.42 billion), with 78 stocks gaining and 147 stocks losing. Meanwhile, the Saudi parallel market Nom index rose 109.49 points (0.40%) to close at 27,195.93. This was due to 30 stocks rising and 27 stocks falling. Meanwhile, the MSCI Tadawul index fell by 7.05 points (0.46%) to close at 1,530.49. The best performing stock on the day was Saudia Dairy and Foodstuff, whose share price soared 9.97% to R386.20. Other top performers…

Park Bum-jin, executive director of Ottogi (left), and Lee Hak-joo, deputy executive director of the international tourism division of the Korea Tourism Agency, sign a business agreement to attract overseas tourists using Korean cuisine and pose for a photo. [KOREA TOURISM ORGANIZATION] Local processed food conglomerate Ottogi and the Korea Tourism Organization (KTO) have partnered to leverage K-food’s global appeal to attract overseas tourists. The two sides signed the agreement on Monday at Ottogi’s test kitchen, Okitchin Studio, in Gangnam District, southern Seoul. The agreement outlines the creation of a joint venture that will include Korean food-related campaigns, digital content,…

Cairo – May 13, 2024: Egypt’s Cabinet Information and Decision Support Center (IDSC) on Monday released a report highlighting the global medical tourism industry, especially in Egypt. IDSC explained that medical tourism, which stands for health tourism or medical travel, is a rapidly growing industry in which individuals travel to other countries to receive or provide treatment or medical care. Over the past decade, medical tourism has gained huge popularity around the world, making it an attractive option for doctors. Egypt was one of the first countries to work in this area. It is known for its natural healing powers…

In this article, we present the 25 cheapest cities to visit in Asia. Skip ahead to “The 5 Cheapest Cities to Visit in Asia” for a discussion of this industry and the companies operating in it.Overview of Asia’s Tourism Sector Before the COVID-19 pandemic, travel was one of the most important industries in the Asia-Pacific region. According to a report by the World Travel Organization, the number of international tourists to Asia increased from 208 million to 360 million between 2010 and 2019. However, the recovery after the halt in international travel was the slowest in the Asia-Pacific region. According…

Looking to book a last-minute trip? One of the great things about living in Dubai is that you’re just a four-hour flight from one-third of the world’s population. That means it’s a great time to explore unique travel spots that are easily accessible, from popular nearby getaways like the Maldives and Oman to lesser-known destinations like Almaty and AlUla.Here are 16 amazing destinations within a 4-hour flight from Dubai. Kazakhstan, AlmatyGetting there: Emirates and Fly Dubai offer direct flights from DXB to Almaty, with a journey time of 4 hours.For adventure seekers… With its stunning scenery and fascinating architecture, the…

Singapore integrated resorts Marina Bay Sands (MBS) and Resorts World Sentosa have signed a partnership agreement with the Singapore Tourism Board (STB) to drive tourism to the areas in which they operate. In the first of a series of announcements, STB announced that it has signed a Memorandum of Understanding (MoU) with MBS and banking group UOB to increase awareness and intensify visits to the Marina Bay area. This builds on the existing partnership between the trio, where efforts have been made to energize the district through strong programs and engaging events, it added. According to STB, this pilot partnership…

Hong Kong should set up more direct flights to eight mainland Chinese cities recently added to the solo traveler regime to encourage tourist accommodation and spending, tourism and retail industry leaders said on Monday. .Mainland Chinese authorities announced over the weekend that residents of Taiyuan, Hohhot, Harbin, Lhasa, Lanzhou, Xining, Yinchuan and Urumqi can apply to visit Hong Kong without joining a tour group from May 27.However, the city’s Airport Authority said only four of the eight locations – Taiyuan, Lanzhou, Yinchuan and Urumqi – have direct flights to Hong Kong.Hong Kong Tourism Association executive director Timothy Chew Ting-pung said…

Ras Al Khaimah Transport Authority (RAKTA) and Ras Al Khaimah Tourism Development Authority (RAKTDA) have partnered with Skyports Infrastructure, a company leading the development of vertiport infrastructure for electric air taxi services. Skyports) signed a Memorandum of Understanding (MoU) for the future. , as part of a significant new step towards transforming the emirate’s tourism and transport services. The MoU marks the beginning of a partnership aimed at developing sustainable tourism through electric air mobility, and Skyport will develop a network of vertiports connecting key tourist attractions across Ras Al Khaimah. Under the agreement, RAKTA, RAKTDA and Skyports will jointly…

Foreign tourists stroll near the National Palace Museum in China’s capital Beijing on Wednesday. (China Daily) Last week, China decided to extend the short-term visa exemption policy for citizens of 12 countries, including 11 European countries, until the end of 2025. The extension underscores the prospects for engagement between China and Europe in the coming years, with analysts saying a new wave of European tourists to China is coming. The country announced a visa-free policy for five European countries – France, Germany, Italy, the Netherlands and Spain – from December 1 last year to November 30 this year, allowing people…

A study by the Australian Tourism Export Council (ATEC) has revealed that local tourism operators are paying up to twice as much on marketing compared to pre-COVID-19.The news comes as many companies cite a variety of pressures on their marketing budgets, including increased spending from competing countries, trade show participation fees and increased advertising costs.“We always knew that restarting tourism would be difficult. Border closures effectively shut down many tourism businesses serving international markets. And more than two years later, we still We are working hard to revive the tourist market,” said ATEC Managing Director Peter Shelley.“Recent headwinds have added…