Tag Archives: billion

Riyadh Air secures inaugural SAR 5.0 Billion revolving credit facility

Riyadh Air secures inaugural SAR 5.0 Billion revolving credit facility

Riyadh Air, the formidable new startup airline wholly owned by  the PIF (Public Investment Fund), Saudi Arabia’s sovereign wealth fund, introduced the profitable closing of its inaugural self-arranged Islamic Revolving Credit Facility  amounting to SAR 3.0 billion. The facility additionally features a dedicated accordion choice for an  further SAR 2.0 billion. The one-year, unsecured financing […]

UK Fans set to spend £4.25 Billion on UEFA Euro 2024

UK Fans set to spend £4.25 Billion on UEFA Euro 2024

As England develop into the bookmaker’s favorite to take the European soccer trophy dwelling this summer time, Trip.com has seen an unprecedented rise in bookings from the UK to Germany – up 1492% in contrast to the identical interval in 2019. New analysis4 performed on behalf of Trip.com exhibits pent-up demand for sporting occasions overseas. Findings […]

Cybersecurity revenue in tourism to top $2 billion in 2025

Cybersecurity revenue in tourism to top $2 billion in 2025

The put up Cybersecurity revenue in tourism to top $2 billion in 2025 appeared first on TD (Travel Daily Media) Travel Daily. Cybersecurity will generate revenues of $2.1 billion in 2025 in the journey and tourism trade, up from $1.4 billion in 2021, forecasts GlobalData. Its newest report, ‘Cybersecurity in Travel and Tourism – Thematic […]

Air India comes dwelling! AI goes back (*68*) the Tatas after 68 years as it wins bid for USD 2.4 billion

Air India comes home! AI goes back to the Tatas after 68 years as it wins bid for USD 2.4 billion

The submit Air India comes home! AI goes back to the Tatas after 68 years as it wins bid for USD 2.4 billion appeared first on TD (Travel Daily Media) Travel Daily. In a brand new daybreak for the Indian airways business, the nationwide provider Air India has gone back (*68*) its authentic founders. The […]