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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 latest addition to LVMH’s growing portfolio of five-star hotels consists of 39 rooms, suites and villas and was bought for an undisclosed sum.
August 12th, 2013 - 09:04 GMT

Qatar and Louis Vuitton: a suite match

Iran exported $12.536 billion of non-oil commodities during the four-month period, marking an 11.5-percent rise in weight and a five-percent decline in value compared to the corresponding period last year
August 12th, 2013 - 07:42 GMT

Who said Iran's economy is all about oil and sanctions?

Owners of different businesses have expressed their frustrations, as their sales had fallen by 20 per cent during the first days of the Eid festival, as compared to the previous years.
August 12th, 2013 - 06:49 GMT

Eid amidst security threats in Bahrain

The Dubai stock benchmark DFM General Index fell 0.24 per cent to close at 2667.65.
August 12th, 2013 - 06:37 GMT

End of Eid brings market drop to UAE markets

The department dealt with more than 5,000 complaints filed by different customers against retailers based in Dubai in the first half of 2013 (Getty images)
August 7th, 2013 - 12:12 GMT

Justice in the World of Consumption: Dubai awards around $5 million in refunds to disgruntled consumers

With the exception of Bank Audi, which posted a 21.78 percent increase in net loans, the loan portfolios of Byblos, BLOM, Bank of Beirut and BEMO contracted respectively by 0.48 percent, 0.67 percent, 1.37 percent and 4.39 percent.
August 7th, 2013 - 11:54 GMT

Lebanese banks suffering contractions

Syria’s economy has been hurt by depletion of foreign reserves that were estimated at around $16 billion to $18 billion before the conflict.under an article in the bloc’s regulations on Syria, “the release of frozen funds or economic resources may be authorized when this is necessary for humanitarian purposes.”
August 7th, 2013 - 11:22 GMT

Syrian regime seeks frozen bank accounts for vital food supplies

700,000 inhabitants of those areas will benefit from the project and will have their living conditions improved
August 7th, 2013 - 10:10 GMT

EU grant to revamp disadvantaged Tunisian neighbourhoods

Real estate sales in the month of June in Kuwait increased by 27 per cent year-on-year, to reach KD339 million ($1.18 billion), an NBK report said.
August 7th, 2013 - 08:18 GMT

High Demand, High Liquidity: Kuwait's real estate sales reach $1.1 Billion in June

Emirates, one of the world’s fastest-growing airlines, on Monday announced the launch of its luxury private jet service.
August 6th, 2013 - 12:14 GMT

"Unsurpassed Luxury": Private Jet service now launched by Emirates

Officials from Sharjah are to target Washington and New York next month on an investment roadshow (Getty images)
August 6th, 2013 - 11:30 GMT

Sharjah to target US investments

A healthy inflation target in stable economies ranges between 2-3%.
August 6th, 2013 - 11:14 GMT

Life more expensive in Iran by one-third

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