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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 first phase of the project, scheduled for completion in the first quarter of 2022, will include up to 3,000 hotel rooms, an airport to serve the destination, and yacht marinas, as well as residential properties and recreational facilities. (Shutterstock)
December 16th, 2018 - 07:10 GMT

Saudi Arabia Has High Hopes on Red Sea Tourism Projects. Will They Pay Off?

The currency recovered most of its losses after significant tightening by the country's central bank. (Shutterstock)
December 16th, 2018 - 06:46 GMT

Fitch Is Not Optimistic About Turkey's Economic Outlook

Turkish Parliament Speaker Binali Yildirim noted Turkey’s place among the world’s top 20 economies. (Shutterstock)
December 16th, 2018 - 06:35 GMT

Turkey Aims to Increase Exports to $200 Billion

The UAE Central Bank issued a statement on Wednesday. (Shutterstock)
December 13th, 2018 - 09:00 GMT

UAE, Saudi to Use Digital Currency to Speed up Transactions


The confidence level of Saudi CEOs about the global economy stood at 94 per cent this year as against 55 per cent last year.  (Shutterstock)
December 13th, 2018 - 08:51 GMT

CEOs in Saudi Are Still Predict Healthy Economic Growth Due to Oil

Under the agreement, travelers will be able to use either airline for their trips between the two countries and on some domestic connections. (Shutterstock)
December 13th, 2018 - 08:46 GMT

Jet Airways, Flynas Agree on Codeshare to Increase Inter-City Commute

Solar and wind power generation has risen from 2 per cent to 10 per cent of the country’s generated power since 2014. (Shutterstock)
December 13th, 2018 - 08:39 GMT

Jordan Aims to Have Renewable Energy Contribute to 20 Percent of Energy Needs

Internet retailing in the UAE is valued at Dh7.4 billion - exclusive of VAT - in 2018, growing by 18.8 per cent over the previous year. (Shutterstock)
December 13th, 2018 - 08:33 GMT

UAE Tops List of Best MENA Country for Online Shopping

Iran Ready to Cooperate Fully With IAEA. (Shutterstock)
December 13th, 2018 - 07:47 GMT

Iran Ready to Cooperate Fully With IAEA

In quitting Iran, multinational European firms ignored pleas by their governments to stay their ground and continue trade. (Shutterstock)
December 13th, 2018 - 07:44 GMT

EU, US Exports to Iran Increase Despite Sanctions

Iran and Oman have had good economic relations from old times and the ties have even expanded in recent years due to extended bank cooperation between the two countries. (Shutterstock)
December 13th, 2018 - 07:39 GMT

Oman, Iran to Strengthen Trade via New Marine Line

Amir Abdollahian, Iranian parliamentary official (AFP)
December 13th, 2018 - 07:21 GMT

Europe's SPV Solution to Circumvent US Sanctions on Iran Might Launch End of Year

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