Saudi hospitality sector hit by softer corporate travel in H1

Tue, 04 Aug 2026

Saudi Arabia's hotel market lost momentum in the first half of the year as corporate travel slowed and regional uncertainty dampened demand, but industry fundamentals remain intact, backed by higher domestic tourism spend and an expanding pipeline of hotel projects, an industry expert said.

AD Ports Group launches cruise, ferry terminal services in Egypt

Tue, 19 May 2026

AD Ports Group has announced the commencement of cruise services at its three terminals in Sharm El Sheikh, Hurghada, and Safaga in Egypt, in addition to facilitating ferry services connecting Safaga and NEOM ports to support transport of Hajj workers between Egypt and Saudi Arabia.