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With a view of earth: Lunar hotel opens bookings on the moon
January 17th, 2026 - 03:49 GMT
Osama Ali

Osama Ali

With a view of earth: Lunar hotel opens bookings on the moon

ALBAWABA — A U.S.-based startup says it has begun accepting $1 million advance reservations for what it plans to be the first hotel on the Moon, targeting an opening date of 2032 in a move that could redefine luxury travel and space tourism. The company, Galactic Resource Utilization (GRU), said prospective guests must place a seven-figure deposit to secure a spot among the inaugural visitors. GRU describes the project as ...
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The insurance industry in the GCC region is catching up with the global trend and has witnessed a CAGR of about 18 per cent between 2006 and 2012.
August 19th, 2013 - 12:03 GMT

GCC insurance industry to reach $40 billion by 2017

Ramsay will select head chefs for the new venture to re-locate to Dubai and develop menus that will cater to regional demands.
August 19th, 2013 - 10:30 GMT

Hell's kitchens coming to Dubai

About 332 million Egyptian pounds ($48 million) of shares were traded, compared with a one-year daily average of 391 million pounds.
August 19th, 2013 - 07:46 GMT

Egypt's stock market plummeting

The formal framework of the Central Bank’s policy remains unchanged with the exchange rate fixed at QAR 3.64/$1.
August 18th, 2013 - 02:47 GMT

Qatar's currency peg here to stay

No official statement has yet been issued evaluating the cost of damages and sector losses (Sources: Getty images).
August 18th, 2013 - 02:33 GMT

The Egyptian economy's immeasurable losses

“Saudi inflation has eased over the course of this year, in spite of fairly robust domestic demand.
August 18th, 2013 - 01:54 GMT

Saudi Arabian economy to remain resilient despite mixed signals

Syrians will be able to buy dollars at 175 Syrian pounds, higher than the official rate but still cheaper than the black market – where the rate often reaches 200.
August 18th, 2013 - 10:05 GMT

One more item on the Syrian regime's hit list: the dollar

The TEPIX surpassed 60,000 on Saturday.
August 18th, 2013 - 08:10 GMT

Tehran's stock exchange booms a phenomenal 57%

The 35 existing lounges on the Emirates network will be refurbished according to the new design in a phased plan during the next 18-24 months.
August 18th, 2013 - 07:55 GMT

Emirates invests €3.8m in refurbished Paris lounge

Dubai is the favourite destination for Saudi tourists during the summer and Cairo could have claimed the second spot.
August 18th, 2013 - 03:55 GMT

Surprise, surprise: Saudi tourists spending billions more than their European counterparts

The UAE’s ‘building boom’ is having a positive effect on employment levels within the construction sector, as well as the industries that supply it.
August 17th, 2013 - 08:03 GMT

Professional job opportunities on the rise in the UAE

Abraaj and BLG Capital will seek to capitalize on the under supply of institutional quality student accommodation and strong demand for higher education due to Turkey’s young and growing population and increasing household income.
August 15th, 2013 - 07:24 GMT

Abraaj to invest in expanding Turkish student accommodation

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