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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 study revealed that 35 per cent of the total investment in Fintech startups in Mena over the past 10 years were made in 2017; or Dh193 million out of the Dh550 million invested between 2008 and 2018 were completed last year. (Shutterstock)
November 21st, 2018 - 05:59 GMT

Funding for Fintech Startups in MENA to Jump to Dh 7.3 Billion in Next Decade

The deal with the CPF comes in light of the foundation’s targeting of thousands of young people across the Kingdom and its keenness on developing the youth’s capabilities to better serve their communities, the statement said. (Shutterstock)
November 21st, 2018 - 05:55 GMT

Jordan, UAE Sign $100 Million Fund to Support Entrepreneurs in Jordan

Global smart city spending is set to accelerate from $81 billion in 2018 to $158 billion by 2022, Dr Abdallah said, citing data from International Data Corporation. (Shutterstock)
November 21st, 2018 - 05:47 GMT

MEA Smart Cities to Spend $2.7 Billion on Technology

Unemployed Tunisians sit at a phosphate production plant in Kef Eddour. (AFP)
November 21st, 2018 - 05:42 GMT

Tunisia Banks on Its Mining Sector to Revive Its Economy

Renewed buying comes after the US went back on its pledge to zero Iran’s oil exports and give waivers to eight major clients of the country. (Shutterstock)
November 21st, 2018 - 05:34 GMT

Japan, South Korea to Resume Oil Imports From Iran

The Iranian fleet is ranked 21st among national fleets, with over 700 vessels operating in the Caspian Sea, Persian Gulf and Gulf of Oman. (Shutterstock)
November 21st, 2018 - 05:29 GMT

Iran Accuses US of Breaching International Maritime Laws

Interestingly, Iran led the slump in demand for gold jewelry in the region with a 35% drop to 6.6 tonnes in the second quarter. (Shutterstock)
November 21st, 2018 - 05:25 GMT

Iran Turns to Gold to Stave off US Sanctions Effect on Economy

The UAE is among world's top 20 largest exporters of steel to the US, exporting around 0.29 million metric tonnes annually. (Shutterstock)
November 21st, 2018 - 05:19 GMT

Could the Dh 90 Billion Bilateral Trade Between US and UAE Help Write off Steel and Aluminum Tariffs?

Other designated entities include Iran-based Tadbir Kish Medical and Pharmaceutical Company and the Moscow-based Mir Business Bank. (Shutterstock)
November 21st, 2018 - 05:14 GMT

US Launches Sanctions on Iranian and Russian Oil Shippers to Syria

Jeddah’s central vegetables market, which is the largest wholesale market in the Kingdom, is witnessing a drop in supplies, pushing up the prices of green leaves. (Shutterstock)
November 21st, 2018 - 05:08 GMT

Labour Shortage and Bad Weather Cause Price Hikes in Saudi Produce

Dubai has a character that is uniquely its own and it shines through even in the newer developments. (Shutterstock)
November 21st, 2018 - 05:02 GMT

The Evolution of Dubai's Property Market

The industry last year generated $25 million in cinema ticket sales, ACC estimates, and with earnings hard to come by, filmmakers tend to stick to popular genres such comedy and action. (Shutterstock)
November 20th, 2018 - 07:21 GMT

When Will Investors Realise the Financial Benefits of Investing in Arab Filmmakers?

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