In 2016, Etihad Airways recorded a net loss of USD1.87 billion on USD8.36 billion in revenue due to one-off impairment charges and fuel hedging losses despite a solid performance of the core airline.
In 2016, tourism revenue in Saudi Arabia reached SAR166.8 billion (USD44.47 billion), a growth rate of seven percent over 2015, as revealed by Saudi Commission for Tourism & National Heritage (SCTH).
Dubai has emerged as one of the top 10 destinations for international meetings, according to the recent edition of the International Meetings Statistics Report published by Union of International Associations.
In 2016, RAK Properties achieved revenues in excess of AED390 million (USD106.19 million), a surge of 5.98 percent over the 2015 figure of AED368 million (USD100.2 million).
E-TRAVEL MIDDLE EAST CONFERENCE, Dubai, UAE
FARNBOROUGH INTERNATIONAL AIRSHOW, Farnborough, UK