GERMAN AIRLINE GROUP DOUBLES PROFITS IN 2023
Lufthansa, a leading airline group, reported an outstanding financial performance in 2023. The group's net profit for the year amounted to €1.67 billion, representing a significant increase of 112% fr ...
THE UAE TO INVEST IN EGYPT TO DEVELOP A GLOBAL TOURIST DESTINATION
Egypt's Prime Minister, Moustafa Madbouli, announced that the UAE will invest $35 billion directly into the heavily indebted country. ADQ, Abu Dhabi's sovereign wealth fund, has confirmed that most of ...
DIGITAL MARKETS ACT TO REGULATE GIANT ONLINE TRAVEL PROVIDERS
The Spanish competition authority (CNMC) has accused Booking, an American online travel giant, of unfair competition for abusing its leading position in the market and imposing the best rates on its p ...
VISITORS FROM AFRICAN COUNTRIES BOOST TOURISM IN SOUTH AFRICA
The South African tourism industry has experienced a significant recovery following three challenging years marked by the impact of the COVID-19 pandemic, which has had a particular effect on the coun ...
NORWEGIAN ARCHIPELAGO MAKES A RADICAL DECISION TO PRESERVE ITS NATURE
The Norwegian government aims to safeguard one of the largest wild areas in Europe in the face of global warming. The fragile Arctic environment, characterized by stunning fjords and glaciers, is exce ...