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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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Taxis in dubai make an average of 8,335,424 trips per month, which the RTA said “is considered a new record in the Emirate of Dubai”.
August 14th, 2013 - 07:23 GMT

Metro, what metro? Dubai taxis making 50 million trips in half a year

The country earned $7.3 billion from its exports this month.
August 14th, 2013 - 07:06 GMT

Iraqi oil exports hit 16 month low

 Beirut swapped spots with Abu Dhabi as the most expensive Arab city in the region, while Jeddah (186) in Saudi Arabia continues to offer the cheapest cost of living for expats.
August 14th, 2013 - 06:21 GMT

How does Beirut rank higher than Abu Dhabi? Take a wild guess

Originally launched in 2005, it was slated to be completed by 2010 but was put on hold when the impact of the global economic crisis hit Dubai's real estate and construction industries.
August 13th, 2013 - 02:00 GMT

Twice the size of Disneyland, construction of sci-fi theme park in Dubai commences

Established in 1999, Rainbow Hospitals is India’s largest specialised paediatric and maternity care company with four maternity, paediatric and neonatal intensive care units, and one outpatient clinic in Hyderabad.
August 13th, 2013 - 12:55 GMT

Dubai's Abraaj to invest in Indian Healthcare

GCC sovereign funds accounted for 32.6 percent of the global SWF assets valued at $5.2 trillion
August 13th, 2013 - 12:35 GMT

Saudi tops Sovereign Wealth Fund assets in GCC

The bank's corporate banking, private banking and investment banking activities in the UAE are not part of the review, according to the sources.
August 13th, 2013 - 12:17 GMT

Barclays reconsidering its retail operations in the UAE

According to the latest world investment report released by the United Nations Conference on Trade and Development (UNCTAD), Iran absorbed nearly 5 billion dollars worth of foreign investment in 2012, which is 17 per cent more than 2011.
August 13th, 2013 - 11:26 GMT

(Ir)rational Expectations? New Iranian administration pledges to attract record-breaking FDI levels

Baghdad claims sole authority over oil exploration and export. It has already accused the Kurds in the past of smuggling crude via Iran and keeping the revenue for itself
August 13th, 2013 - 10:34 GMT

Smuggling or deserved autonomy? Kurdistan's second route for crude via Iran

Empower specializes in providing cooling services that reduce energy consumption in one of the most energy consuming areas in the world.
August 13th, 2013 - 06:42 GMT

Empower settles $22 million loan installment

Egypt was Sudan’s third largest investor and transport and logistics activities are also expected to increase due to the heightened trade between the two countries.
August 12th, 2013 - 12:36 GMT

Egypt logistics firm expands network to Khartoum

Desalination is the main source of water in Saudi. Even though this requires high amounts of energy to convert sea water into drinking water, it is still the most viable solution for the country.
August 12th, 2013 - 12:07 GMT

Saudi Arabia allocates $7 billion to spend on water related projects in 2013

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