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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 agreement between Russia and Saudi Arabia lead a group of oil producers known as OPEC+, which includes the members of the Organization of the Petroleum Exporting Countries (OPEC) and other large producers, most notably Russia. (Shutterstock)
December 3rd, 2018 - 07:16 GMT

Saudi, Russia Agreement to Extend Overseeing Oil Market Gives a Push for Prices

A number of foreign banks which used to write letters to Iran a few days ago saying it would be impossible for them to continue cooperation with Iran due to sanctions are now saying that they want to resume cooperation with Tehran in the face of US sanctions. (Shutterstock)
December 3rd, 2018 - 07:12 GMT

Will European Banks Ditch US Sanctions Altogether and Deal With Iran Directly?

Ghosn, ex-chairman of Nissan Motor Co., was detained last month on allegations of underreporting his income, and Friday, a Japanese court approved extending his detention for 10 more days. (File/Photo)
December 3rd, 2018 - 07:00 GMT

This Is Why Carlos Ghosn Will Always Be Lebanon's Phoenix

There is a stable outlook for Abu Dhabi’s economy, with growth set to “steadily recover” to hit 3 percent in 2021, according to an S&P Global Ratings report. (Shutterstock)
December 3rd, 2018 - 06:52 GMT

Abu Dhabi Economic Growth Stable, With Prospects of Improvement

How to Keep Your Children’s UAE Visa Valid While Working Abroad. (Shutterstock)
December 3rd, 2018 - 06:39 GMT

How to Keep Your Children’s UAE Visa Valid While Working Abroad

Traditional banks are failing to keep up with direct banks and technology firms. (Shutterstock)
December 3rd, 2018 - 06:26 GMT

UAE Residents Shift Their Trust From Banks to Tech Firms

Data is the new currency and investing in new technology such as Artificial Intelligence helps interpret the insights and value delivered from data and apply it to enhance customer experience. (Shutterstock)
December 2nd, 2018 - 10:07 GMT

Reshaping the Future of Fintech

more than 1,686,891 illegal expatriates were arrested for violating residency laws. (Shutterstock)
December 2nd, 2018 - 09:33 GMT

Saudi Deports 564,800 Illegal Expats in One Year

Algeria’s Central Bank urged the government to “apply the tourniquet to stop the bleeding” and economic experts warned of a deepening crisis. (Facebook)
December 2nd, 2018 - 09:29 GMT

Despite Rising Oil Revenues, Algeria’s Foreign Currency Reserves Are on Steady Decline

Remittances in Oman have dropped this year, as numbers of expats in the country continue to decline. (Shutterstock)
December 2nd, 2018 - 09:20 GMT

With Expats Leaving, Remittances in Oman Are Taking a Plunge

Sourena Sattari, Vice President for Science and Technology. (Mehr News Agency)
December 2nd, 2018 - 09:10 GMT

Iran Eyeing a Slice of the Aerospace Industry Cake

It would be difficult for Iraq to substantially diminish its economic links to Iran. (Shutterstock)
December 2nd, 2018 - 08:52 GMT

How Are the US-Iraq Relations Faring Amidst Iran Sanctions?

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