Tourism Kuwait’s UREC to build island tourism complex in Oman Kuwaiti developer United Real Estate Company (UREC) is planning to create an island tourism complex in Oman, as the sultanate strives to develop its tourism sector and catch up with its Gulf neighbours. UREC said in a bourse statement on Wednesday that its subsidiary in the sultanate UREC Oman has signed a contract for the […] June 12, 2025
Construction Omani development secures $160m loan for expansion Al Mouj Muscat, an Omani waterfront community development part owned by the government and Dubai’s Majid Al Futtaim, has finalised a $160 million loan to fund its expansion plans. “The loan will finance our expansion plans to expand our properties to 10,000 units and enlarge our marina and shopping complex,” Saleh Al Siyabi, Al Mouj […] June 11, 2025
Tourism European tourists push up Oman hotel revenues European tourists helped the Oman hotel industry reach a record number of stays year on year in April, thanks to an aggressive marketing campaign. Hotel occupancy rose 9 percent year on year to reach 831,751 guests in April 2025, with around 40 percent of the guests coming from Europe, the National Center for Statistical Information […] June 11, 2025
Infrastructure Startups invited to solve Medina’s challenges Saudi Arabia is inviting startups to tackle infrastructure challenges in Medina, one of Islam’s holiest cities, as it ramps up efforts to expand religious tourism. Madinah-Tech, an accelerator backed by the regional municipality and private investors, has opened applications for its first cohort as the city struggles to keep pace with growing visitor numbers. The […] June 5, 2025
Tourism PIF unit commits millions to back Aseer province growth Ardara, a wholly owned subsidiary of the Public Investment Fund (PIF), is making multi-million-dollar investment in Aseer province in the south of the kingdom to support urban development in line with Vision 2030. Work was launched this week on AlWadi – meaning “the valley”– after it was first announced in October 2023, the state-run Saudi Press […] May 30, 2025
Leisure & Hospitality China grants visa-free status for all GCC citizens China has implemented a visa-free status for all GCC countries, a Chinese foreign ministry spokesperson has confirmed. “China decided to include more countries in its visa waiver programme and extend the visa-free policy to ordinary passport holders from Saudi Arabia, Oman, Kuwait and Bahrain on a trial basis from June 9, 2025, to June 8, […] May 28, 2025
