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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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After the introduction of VAT in a country, businesses discover that their entire business ecosystem are also part of their business. (Shutterstock)
November 5th, 2018 - 08:55 GMT

What to Look out for When VAT in Bahrain Is Implemented

Boost to oil and gas output to help firm become self-sufficient. (File/ photo)
November 5th, 2018 - 08:43 GMT

UAE's ADNOC to Increase Oil Output Thanks to Dh486 Billion Government Back-Up

The financing is the largest project financing and the largest Shari'ah-compliant facility for a green field project in Oman. (Shuterstock)
November 5th, 2018 - 08:36 GMT

Oman’s Duqm Refinery Gets $4.6 Billion Project Financing

The bigger chunk of the increase, $13.2 billion, is the result of an increase in debt-servicing costs over the past year, including paid installments of $11.1 billion and interest payments of $2.1 billion. (Shutterstock)
November 5th, 2018 - 08:30 GMT

Egypt's Foreign Debt to Reach $98.863 Billion by End of Fiscal Year

Joint oil and gas fields are important for all countries in the region, with all countries which share oil and gas fields with Iran gaining billions from their procurement. (Shutterstock)
November 5th, 2018 - 08:25 GMT

What Is the Fate of Iran's Shared Oil and Gas Fields With Iraq and Saudi, Now That the US Sanctions Are Imposed?

There are expectations in Egypt that the Red Sea will be the next major exploration frontier. (Shutterstock)
November 5th, 2018 - 08:12 GMT

After Tourism, Egypt to Exploit the Red Sea for Hydrocarbons

Now producing 4.78 million barrels per day (bpd), as the head of the National Oil Company stated, Iraq boasts the world’s fourth-largest oil reserves after Saudi Arabia, Canada and Iran. (Shutterstock)
November 5th, 2018 - 08:04 GMT

Where Are All the Benefits From Being Fourth Largest Oil Producer in the World, Ask Iraqis?

The FTA between Jordan and Turkey will be officially terminated on November 22. (Shutterstock)
November 5th, 2018 - 07:55 GMT

Jordan to Impose Tariffs on Turkish Goods

The recent economic data and key business surveys suggest that the global economy has already begun to lose momentum. (Shutterstock)
November 5th, 2018 - 07:47 GMT

IMF Holds a Grim Outlook on Global Economic Growth

India’s oil imports will be reduced, but will still rank up more than a million barrels per month. (Shutterstock)
November 5th, 2018 - 07:40 GMT

Asia, Not the EU, Might Be Iran's Hope to Whither the US Sanctions Storm

Hezbollah’s deputy head Sheikh Naim Qassem. (TDS)
November 5th, 2018 - 07:26 GMT

How the Iran Sanctions Are Threatening the Lebanese Government Formation

Global demand for gold rose slightly in the third quarter compared to the same period a year ago as resurgent buying from central banks and retail consumers balanced huge outflows from exchange traded funds, the WGC report said. (Shutterstock)
November 4th, 2018 - 03:43 GMT

Will VAT Refund Increase Gold Demand in UAE?

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