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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 transactions took almost a year to complete due to the complex structures
June 24th, 2013 - 09:29 GMT

Saudi Alhokair units sign $1.2 bn financing for real estate deals

the Swiss bank failed to pay him for helping it become lead arranger on a $9 billion asset sale by the Kuwaiti telecommunications operator Zain
June 24th, 2013 - 09:24 GMT

Kuwait sheikh sues UBS for $21.4 mn in Dubai court

Mubadala and RDIF are each committing $1 billion
June 24th, 2013 - 05:23 GMT

Russian Direct Investment Fund and Mubadala establish co-investment fund

Last August, the IMF approved a $6.2 billion precautionary line of credit for Morocco over two years while urging reforms of its subsidy and pension systems
June 23rd, 2013 - 12:19 GMT

Morocco to begin cutting subsidies in two weeks

All 11 economists in a Reuters survey had forecast that the bank would keep rates unchanged
June 23rd, 2013 - 11:10 GMT

Egypt’s Central Bank keeps rates on hold

Artificially low government-controlled prices typical across the energy-rich Gulf region have discouraged new projects needed to meet its rapidly rising demand for natural gas
June 23rd, 2013 - 10:45 GMT

BP agrees retail price for hard-to-pump Oman gas project

Spot gold was down 4 per cent at $1,296.60 an ounce at 1454 GMT
June 23rd, 2013 - 10:44 GMT

Gold hits 2 1/2 year low as Fed signals an end to easy money

Jebel Ali Free Zone FZE's (JAFZ)
June 23rd, 2013 - 10:34 GMT

Fitch affirms Jebel Ali Free Zone FZE at B+

First Gulf Bank building
June 23rd, 2013 - 09:20 GMT

First Gulf Bank acquires Dubai First

The rial was trading at around 33,300 per dollar
June 23rd, 2013 - 05:19 GMT

Iranian rial climbs 10 percent as hopes grow over economy

The GCC economies would continue to benefit from high oil prices
June 23rd, 2013 - 05:00 GMT

GCC economies set to grow at 5.6 per cent in 2013

Qatar foreign trade saw rise according to figures
June 20th, 2013 - 10:00 GMT

Qatar foreign merchandise trade surplus up 2.2 per cent in April 2013

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