The on going conflict between Russia and Ukraine Russia-Ukraine may force India to extend deadlines for planned strategic divestments in some major state-run companies like Pawan Hans with potential investors seeking more time to submit bids, said two government officials aware of the developments, reports Guvleen Aulakh for Mint. The conflict will also likely hit valuations of Bharat Petroleum Corp. Ltd, Shipping Corporation of India, BEML Ltd and Pawan Hans Ltd, among others, that are being lined up for stake sales amid an overall delay in the entire process, the officials said. They said initial signs of a slowdown have…
Author: Disha Ghosh
Dubai-based flydubai has launched services to to AlUla in Saudi Arabia becoming the first national carrier of the UAE to operate flights from Dubai. Speaking at the press conference, Ghaith Al Ghaith, CEO, flydubai, said, “We are delighted to see the first flydubai flight land in AlUla today and we would like to take this opportunity to thank the authorities and the Royal Commission for AlUla for their support. The launch of operations to AlUla reflects our commitment to strengthening the cultural, trade and tourism ties between the UAE and Saudi Arabia and opening up new markets to more passengers.”…
The South African Tourism (SAT) on Monday said it is eyeing 64 per cent year-on-year growth in arrivals from India in 2022, capitalising on strong consumer demand in the country through various marketing initiatives including roadshows, reports PTI. India continues to be one of the top-three focus markets for South Africa, which has outlined a strategic road map to garner 64 per cent y-o-y increase in Indian visitors in 2022, the South African Tourism said in a statement. India served as the eighth-largest international source market for South Africa and the country is expected to maintain its position in the…
Skyview By Empyrean in Patnitop, Jammu and Kashmir, has been certified as India’s first Sustainable Tourism Destination by The Responsible Tourism Society of India (RTSOI). It was also conferred as “Champion” – a status which is accorded for a score of 90 plus for following sustainable eco-friendly tourism practices. The Sustainable Tourism Destination certification is given exclusively to those who have successfully met the Sustainable Tourism Criteria of India set for travel destinations. This means that Skyview by Empyrean is compliant with the parameters of Sustainable & Responsible Tourism as practiced by RTSOI and set as a standard by the…
Saudi Crown Prince Mohammed bin Salman has announced the establishment of Trojena, a new global destination for mountain tourism, in the USD 500 billion high-tech mega-city Neom, reports Alkesh Sharma for The Business News. The project is set for completion by 2026. The initiative is part of Neom’s aim of supporting and developing the tourism sector in the region. Trojena will be based on the principles of eco-tourism, highlighting efforts to preserve nature and enhance the community’s quality of life, which is aligned with the goals of the kingdom’s Vision 2030, Prince Mohammed, who is also the Chairman of the…
Indonesia is considering a quarantine waiver for foreign visitors to its holiday island of Bali from this week, officials said, while neighbour Malaysia announced the removal of curbs on travellers from Thailand and Cambodia. Indonesia and Malaysia have imposed some of the strictest entry procedures in Asia to try to contain Covid-19 outbreaks and keep new variants at bay, but the restrictions have battered their tourism sectors. The Indonesian waiver for visitors vaccinated against the coronavirus is under discussion but likely to be decided by President Joko Widodo today, said a spokesman for the Coordinating Maritime Affairs and Investment Ministry.…
The U.S. State Department on Saturday issued a Level 4 “Do Not Travel” advisory against travel to Russia and told American citizens already there to leave as soon as they can. “Do not travel to Russia due to the unprovoked and unjustified attack by Russian military forces in Ukraine, the potential for harassment against U.S. citizens by Russian government security officials, the Embassy’s limited ability to assist U.S. citizens in Russia, COVID-19 and related entry restrictions, terrorism, limited flights into and out of Russia, and the arbitrary enforcement of local law,” the State Dept. said in the advisory. “U.S. citizens…
The Airports Authority of India (AAI) has undertaken the work of constructing a Greenfield Airport in Hollongi, 15 kms from Itanagar in Arunachal Pradesh considering the importance of air connectivity to the capital city, reports Mint. With an estimated cost of INR 645 crore, the project includes the development work i.e. construction of airport pavements, air side work, terminal Building and city side works. The proposed airport is designed for operations of A-320 category of air craft and future extension of Runway by 500m length to cater A-321 type of aircraft. With an area of 4100 sqm, the terminal building…
Singapore has announced the extension of the Vaccinated Travel Lane (VTL) to all Indian cities, which was earlier applicable only to Delhi, Mumbai and Chennai. With this new development, more travellers from India who are fully vaccinated may now use the VTL for quarantine-free travel to Singapore. The VTL which was launched on November 29, 2021 between both the countries has witnessed success since its commencement. Arrangements like the VTL serve to ease travel woes and encourage people to revive their long-pending vacation plans. Travelling to Singapore from India for travellers who are fully vaccinated has become easier, with some…
India has been included as part of Fiji’s ‘Travel Partner’ country list by Ministry of Commerce, Trade, Tourism & Transport – Fiji, effective March 2, 2022. Thus, Indian tourists can now travel to Fiji via the currently open transit routes of Singapore and Australia, to enjoy a “quarantine free” holiday in Fiji. Travellers from India to Fiji must be fully vaccinated (Children under 18 can travel with a vaccinated adult), providing a negative PCR test taken within 2 days prior to departure or a negative RAT test taken within 24hrs prior to departure. Once they arrive on Fiji’s shores, travellers…
