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Saudi Arabia plans to launch a new low-cost airline by 2030, as part of its Vision 2030 initiative to boost tourism, operating from Dammam with 45 planes.
A new budget airliner will be based in the Saudi city of Dammam, part of the UAE’s Air Arabia carrier network.
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Dubai's main share index dropped 0.8%, easing from a multi-year high, hit by a 3.7% slide in top lender Emirates NBD.
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Stock markets in the Gulf ended mixed on Monday, as investors weighed positive corporate earnings against concerns over U.S.
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A new low-cost airline backed by Air Arabia, Nesma Group, and KUN Holding is launching in Saudi Arabia, aiming to boost connectivity from Dammam.
The Kingdom of Saudi Arabia’s General Authority of Civil Aviation’s (GACA) has awarded a consortium comprising Air Arabia, Nesma Group, and KUN Holding the right to establish and operate a new ...
Backed by KUN Investment Holding and Nesma, the new carrier aims to operate 45 aircraft and serve 81 routes by 2030 . Air ...
Saudi Arabian authorities have granted Air Arabia and Saudi partners the right to establish a national low-cost carrier to ...
UAE-based airline Air Arabia announced on Sunday, 20 July 2025, that it has received approval from Saudi Arabia to establish a new low-cost carrier. The company aims to have a 45-aircraft fleet by ...
A consortium comprising Air Arabia, Nesma Group, and KUN Holding announced that it has won the General Authority of Civil Aviation’s (GACA) competition to establish and operate a new national low-cost ...