Sunday 26 June 2016
 
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Al Tayyar

Al Tayyar Travel Group, Travelport extend agreement

Al Tayyar Travel Group, the largest  travel and tourism company in Saudi Arabia, has extended its agreement with Travelport, a leading travel commerce platform.   The extended deal enhances the strategic co-operation betw

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Al Tayyar completes $214m Zakhr stake buy

Saudi Arabia's Al Tayyar Travel Group said on Monday it has completed all procedures to acquire a 30 percent stake in Zakhr Investment and Real Estate Development through a share swap arrangement. The 30 percent stake in Zakhr

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Al Tayyar completes $214m Zakhr stake buy

Saudi Arabia's Al Tayyar Travel Group said on Monday it has completed all procedures to acquire a 30 percent stake in Zakhr Investment and Real Estate Development through a share swap arrangement. The 30 percent stake in Zakhr

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Aegean Airlines boosts Riyadh, Jeddah service

Greek carrier Aegean Airlines has increased the frequency of flights between Saudi Arabia and Greece, taking to three the number of weekly flights from Riyadh and Jeddah to Athens. Aegean operates one of the largest airline networ

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Al Tayyar Travel Group Q4 net profit dips 6.9pc

Saudi Arabia's Al Tayyar Travel Group posted a 6.9 per cent fall in fourth quarter net profit on Wednesday. The company made a net profit of SR215 million ($57.3 million) in the three months to December 31, down from SR231 million (

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Al Tayyar to up Zakhr buy to 30pc via $214m swap

Saudi Arabia's Al Tayyar Travel Group will buy 30 per cent of Zakhr Investment and Real Estate Development after amending an initial agreement to buy into the firm signed in August, the travel company said on Tuesday. Under th

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Al Tayyar to up Zakhr buy to 30pc via $214m swap

Saudi Arabia's Al Tayyar Travel Group will buy 30 per cent of Zakhr Investment and Real Estate Development after amending an initial agreement to buy into the firm signed in August, the travel company said on Tuesday. Under th

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VisitBritain, Al Tayyar sign MoU to promote tourism

Saudi Arabia's Al Tayyar Travel Group has signed a memorandum of understanding (MoU) with national tourism authority VisitBritain to promote tourism to Britain from the kingdom. The MoU was signed between Ossama Maayeh, deputy CEO o

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Saudi Al Tayyar Travel Group founder to resign

The founder of Saudi Arabia's Al Tayyar Travel Group will resign as vice-chairman and managing director from September 1, the company said on Sunday. Nasser bin Aqeel al-Tayyar opened his first travel agency in 1980, and the f

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Al Tayyar to buy Zakhr stake in $178m share swap

Saudi Arabia's Al Tayyar Travel Group said on Sunday it had agreed on a share swap worth SR669.9 million ($178.6 million) to acquire a 25 per cent stake in Zakhr Investment and Real Estate Development. The stake, which will co

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