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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 facility will be the world's largest chemical complex ever built in a single phase
June 17th, 2013 - 10:44 GMT

Saudi Aramco-Dow JV raises funding for $19 billion project

The loan was partly provided by the IFC and partly by DEG
June 17th, 2013 - 10:41 GMT

Metito gets funding to expand in Egypt, Asia

Promoters will divest 40 per cent of their holding in the company
June 17th, 2013 - 10:39 GMT

Omani Al Madina Insurance plans IPO in process to become Takaful operator

Central Bank of Qatar
June 17th, 2013 - 10:36 GMT

Qatar tightens cap on banks' securities investments

Tunis is also in talks with Qatar about the Gulf deositing at the Tunisian central bank
June 17th, 2013 - 05:13 GMT

Tunisia gets $1.2 bn funding from Islamic Development Bank

The statement gave no timeframe for the capital increase or the regulatory approval process.
June 17th, 2013 - 05:00 GMT

Egyptian property developer plans $85.8 mln rights issue

Moody's Investors Service has upgraded Jebel Ali Free Zone FZE's (JAFZ) Corporate Family Rating (CFR)
June 17th, 2013 - 05:00 GMT

Moodys upgrades JAFZ's ratings to Ba3; on review for further upgrade

no changes to the plan or the amount of aid the country is seeking
June 17th, 2013 - 04:30 GMT

Egypt in late stages of verifying reform plan with IMF - central bank

Emirates Securities Market
June 16th, 2013 - 01:00 GMT

UAE, Qatar bourses rally after MSCI upgrade

The board of the subsidy fund said subsidies burned up 53.36 billion dirhams in 2012
June 16th, 2013 - 12:01 GMT

Morocco says aims to cut subsidies - if commodity prices allow

UDC is the developer of a man-made island in Doha
June 16th, 2013 - 11:46 GMT

Qatar developer UDC to raise $428 mn loan

The 489-seat Emirates A380 offers 14 Private First Class Suites, 76 lie-flat beds in Business Class and 399 spacious seats in Economy Class
June 16th, 2013 - 11:43 GMT

Emirates A380 to fly to Los Angeles

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