By Saifur Rahman Riyadh Air, the new Saudi Arabian carrier launched by the Public Investment Fund (PIF), said it will buy 72 Boeing 787 Dreamliners including 39 confirmed orders with 33 on options, just two days after the airline’s formal announcement. With an average price tag of US$240 million apiece, this announcement represents a value worth US$17.28 billion at list prices. Airlines, however extracts hefty discounts on […]
By Saifur Rahman A new airline, Riyadh Air, will soon take off to realise Saudi Arabia’s Vision 2030, it was announced by the Public Investment Fund, Saudi Arabia’s Sovereign Wealth Fund which is injecting US$100 billion in the Kingdom’s aviation and tourism industry that will help diversify the country’s economy and reduce its dependence on hydrocarbon. Riyadh Air will create a new passenger hub in the Kingdom’s […]
HONG KONG SAR – Media OutReach – 13 March 2023 – Following on from the introduction of its newly enhanced guest rooms and suites, Island Shangri-La has launched a series of unique themed experiences that are sure to delight guests of all ages. Northern Lights experience at Island Shangri-La’s enhanced guest rooms and suites As well as enjoying a host of upgraded features and amenities, families checking […]
By James M Dorsey In a surprise development, Saudi Arabia and Iran, together with China, announced that the two Middle Eastern nations were re-establishing diplomatic relations. The agreement was reached in a meeting in China of the two countries’ national security advisors. The agreement was a rare example of successful Chinese mediation in Middle Eastern […]
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