Monday 22 December 2014
 
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Al Tayyar

Careem raises $10m for business expansion

UAE-based Careem, an app and web-based chauffeur-driven car booking service, raised $10 million in an investment round led by Al Tayyar Travel Group, STC ventures and other regional investors. The company plans to use the cash infusion

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Saudi Al Tayyar Q3 net profit up 13.5pc

Al Tayyar Travel Group, a leading travel and tourism company in Saudi Arabia, has posted a 13.5 per cent rise in its third-quarter net profit, slightly below analysts' forecasts, as sales increased. The company made a net prof

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Al Tayyar Travel posts 8.3pc profit rise

Saudi Arabia's Al Tayyar Travel Group posted an 8.3 percent rise in second-quarter net profit, citing higher sales for the improved earnings. The firm made 364 million riyals ($97.1 million) in the three months to June 30, com

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Al Tayyar launches multilingual communication center

Saudi-based Al Tayyar Travel Group has launched a global technical communication center to answer travel enquiries from customers across the world. Established in 1980, Al Tayyar is accredited by the International Air Transport As

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Al Tayyar buys Britain's CTM for $22.6m

Al Tayyar Travel Group Holding has signed an agreement to acquire British company Co-operative Travel Management for 13.5 million pounds ($22.6 million). The deal authorises the Group to a 100 per cent shareholding in CTM, said a

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Al Tayyar opens new Jeddah offices

Al Tayyar Travel Group, a leading travel and tourism company in the Mena region, has expanded its Saudi Arabian operations by unveiling two new offices. The agency this week opened a new branch in Jeddah and also launched a centre

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Nile Air bids to turnaround Egypt tourism

There is no denying that the past three years have been a torrid time for Egyptian tourism. Hopes of a quick recovery after the 2011 Arab Spring were dashed by last year’s military coup against the Muslim Brotherhood. The bombing of a tour

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How high will Nile Air fly punching above its weight?

There is no denying that the past three years have been a torrid time for Egyptian tourism. Hopes of a quick recovery after the 2011 Arab Spring were dashed by last year’s military coup against the Muslim Brotherhood. The bombing of a tour

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Al Tayyar inks strategic deal with Nepal airline

One of the holding companies of Al Tayyar Travel Group, a leading travel and tourism service provider, has signed an agreement with Nepalese Airlines for the sale of tickets and air freight. This agreement effective immediately is

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Al Tayyar Travel Q1 profit rises 28pc

Saudi Arabia's Al Tayyar Travel Group posted a 28.4 percent rise in first-quarter net profit as sales increased and it sold property and equipment. Al Tayyar made a profit of 280 million riyals ($74.7 million) in the three mon

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