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With a view of earth: Lunar hotel opens bookings on the moon
January 17th, 2026 - 03:49 GMT
Osama Ali

Osama Ali

With a view of earth: Lunar hotel opens bookings on the moon

ALBAWABA — A U.S.-based startup says it has begun accepting $1 million advance reservations for what it plans to be the first hotel on the Moon, targeting an opening date of 2032 in a move that could redefine luxury travel and space tourism. The company, Galactic Resource Utilization (GRU), said prospective guests must place a seven-figure deposit to secure a spot among the inaugural visitors. GRU describes the project as ...
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The approval of the Central Bank of Kuwait should be obtained if ownership exceeds 5 percent of the bank’s capital. (Shutterstock)
December 17th, 2018 - 08:12 GMT

Foreigners Can Now Own a Bigger Share of Kuwait's $39 Billion Banking Sector

The government’s focus on protecting the low-income classes over implementing the social safety networks, noting that the positive indicators of the economy were clear over the past five months. (Shutterstock)
December 17th, 2018 - 08:01 GMT

Egypt to Have New Taxation System by 2020

The World Bank’s (WB) Vice President for Infrastructure, Makhtar Diop. (AFP)
December 17th, 2018 - 07:23 GMT

World Bank Still Committed to Cooperation With Egypt on Infrastructure Projects

Vision 2030 that was once a dream has now been translated into a reality with giant steps forward to achieve the needed reforms and to carry out the needed transformations. (Shutterstock)
December 17th, 2018 - 07:05 GMT

Opinion: Saudi's Vision 2030 Is More a Reality Than a Dream

The new T-bills have already started putting pressure on the commercial banks, which have had to earmark part of their Lebanese pound liquidity to buy the bonds. (Shutterstock)
December 16th, 2018 - 10:30 GMT

New Treasury Bills to Be Issued in Lebanon With Higher Interest Rates

Oman has launched an aggressive drive to recruit more of its local citizens in its private sector. (Shutterstock)
December 16th, 2018 - 10:14 GMT

Expats Are Needed in Oman for 'Mega Infrastructure Projects'

The Prime Minister stressed the importance of maintaining the competitive advantages of the pharmaceutical industry and its reputation locally and internationally as the Kingdom's second largest exporter. (Shutterstock)
December 16th, 2018 - 08:43 GMT

Jordan Aims to Enhance Economic Value of Pharmaceutical Industry

Out of 280,000 residents, about 350 people are involved in the tourism industry in Jerash, which is 48km north of Amman. (Shutterstock)
December 16th, 2018 - 08:33 GMT

Jerash’s Tourism Sector Provides Jobs for 1 Percent Only of Its Population

The Japanese official reviewed the Japan-sponsored peace and prosperity corridor initiative that aims to achieve peace and economic empowerment, especially for the Palestinians and the projects carried out in this regard. (Shutterstock)
December 16th, 2018 - 08:04 GMT

Japan to Loan Jordan $300 Million

Iran's trade surplus of mineral products hiked to $4.58 billion during the said period. (Shutterstock)
December 16th, 2018 - 07:56 GMT

Iran's Mineral Trade Surplus for First 8 Months in 2018 Worth $6.87 Billion

Commander Rebecca Rebarich, a Pentagon spokeswoman, stated on Friday that the US Central Command (CENTCOM) was specifically looking to reimburse about $36.8 million for fuel costs and $294.3 million for flight hours, which were not included in the initial bills and were therefore paid for with taxpayer money. (Shutterstock)
December 16th, 2018 - 07:36 GMT

Saudi, UAE to Pay the US $331 Million for Air Refueling "Accounting Error"

A MoU was also signed to extend the Saudi grant for maintenance of the King Abdulaziz Mosque in the Tunisian capital of Tunis. (Shutterstock)
December 16th, 2018 - 07:25 GMT

Saudi, Tunisia Sign MoUs Targeting Development and Agriculture

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