flynas Becomes First Saudi Airline and First LCC in Middle East to Join World Tourism Organization

flynas' membership in the UNWTO further strengthens the airline's position as one of the top five LCCs in the world. (SPA)
flynas' membership in the UNWTO further strengthens the airline's position as one of the top five LCCs in the world. (SPA)
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flynas Becomes First Saudi Airline and First LCC in Middle East to Join World Tourism Organization

flynas' membership in the UNWTO further strengthens the airline's position as one of the top five LCCs in the world. (SPA)
flynas' membership in the UNWTO further strengthens the airline's position as one of the top five LCCs in the world. (SPA)

flynas, the Saudi national air carrier, has joined the United Nations World Tourism Organization (UNWTO) as an affiliate member, becoming the first Saudi airline in the Middle East to join the organization.

This boosts the leading LCC role to contribute to sustainable global tourism, which aligns with flynas' sustainability strategy and the Kingdom's vision and commitment to shaping the future of the global travel sector.

Affiliate members are an integral part of UNWTO membership, bringing together over 500 companies, educational and research institutions and NGOs to engage in dialogue, share information, and take action with the objective of contributing to sustainable global tourism in which knowledge and innovation are harnessed to promote responsible and competitive tourism, in line with the Global Code of Ethics for Tourism and the UN principles and objectives.

flynas' membership in the UNWTO further strengthens the airline's position as one of the top five LCCs in the world, adding value in visibility, networking, participation, knowledge, support and cooperation with Tier 1 organizations in the field of tourism.

flynas CEO and Managing Director Bander Almohanna said: "flynas' joining the organization as the first Saudi airline and the first low-cost carrier in the Middle East will reinforce its position as the 4th best low-cost airline in the world."

He pointed out that members' goals coincide with flynas' sustainability plan, which focuses on adopting initiatives with a sustainable impact on the environment, society and the economy, in addition to "its efficient role in shaping the future of global travel and its pioneering role in building a sustainable tourism sector".

"flynas places sustainability at the core of its operations, in line with the Kingdom's goals to reach zero neutrality in greenhouse gas emissions by 2060," Almohanna added.

Flynas's membership in UNWTO comes as Saudi Arabia was selected to host the 26th UNWTO General Assembly in 2025, the first time the Kingdom will host the general assembly of a UN organization, underscoring the country's growing prominence in global tourism.

Last August, flynas joined the United Nations Global Compact, becoming the first airline in Saudi Arabia and the first low-cost airline in the Middle East to join the world's largest corporate sustainability initiative.

flynas' outstanding achievements have been recognized, and it received numerous international awards, including Skytrax International Award for Best Low-cost Airline in the Middle East in 2023, for the sixth time in a row and the 4th Best LCC worldwide. It is the highest worldwide award in the aviation sector since its launch in 1999.

Moreover, flynas won the Best Low-cost Airline Award in the Middle East from the World Travel Awards in 2023, for the ninth consecutive time since 2015.



Cluster2 Company Launches Direct Flights from Muscat to Saudi Arabia's Taif

 Three direct flights will take place per week between Muscat and Taif via Oman Air - SPA
Three direct flights will take place per week between Muscat and Taif via Oman Air - SPA
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Cluster2 Company Launches Direct Flights from Muscat to Saudi Arabia's Taif

 Three direct flights will take place per week between Muscat and Taif via Oman Air - SPA
Three direct flights will take place per week between Muscat and Taif via Oman Air - SPA

The Cluster2 Company, operator of Taif International Airport, announced the launch of three direct flights per week between Muscat and Taif via Oman Air, starting January 31, SPA reported.

The launch of international flights through the cluster’s airports comes as part of its ongoing commitment to improving the passenger experience and expanding international travel options, while continuing to build strategic partnerships with global airlines to enhance air connectivity in the Kingdom.


Oil Prices Rise as US Ramps up Action against Venezuela Tankers

A view shows an oil pump jack outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. REUTERS/Stringer
A view shows an oil pump jack outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. REUTERS/Stringer
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Oil Prices Rise as US Ramps up Action against Venezuela Tankers

A view shows an oil pump jack outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. REUTERS/Stringer
A view shows an oil pump jack outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. REUTERS/Stringer

Oil prices rose on Monday after the US intercepted ​an oil tanker in international waters off the coast of Venezuela and tensions in Russia's war against Ukraine remained high, with both developments raising fears of supply disruption.

Brent crude futures gained $1.31, or 2.17%, to $61.78 a barrel by 1316 GMT. US West Texas Intermediate crude rose by $1.25, or 2.2%, to $57.77.

Market participants now see a risk of disruption to Venezuelan oil exports because of the US ‌embargo, having previously ‌been complacent in that regard, said ‌UBS ⁠analyst Giovanni ​Staunovo.

Venezuelan crude ‌accounts for about 1% of global supply.

Growing supply from the US and the OPEC+ producer group have largely offset worries over supply disruption elsewhere to keep Brent futures around $65 a barrel in the second half of 2025, though prices have eased in the past month because of oversupply concerns.

Oil prices have been supported by developments off Venezuela while ⁠Russia-Ukraine tensions simmer in the background in an otherwise very bearish market, said June ‌Goh, analyst at Sparta Commodities.

The US Coast ‍Guard is pursuing an oil ‍tanker in international waters near Venezuela in what would be the ‍second such operation over the weekend and the third in less than two weeks if successful, officials told Reuters on Sunday.

A rebound in oil prices has been sparked by US President Donald Trump's announcement of a "total ​and complete" blockade of sanctioned Venezuelan oil tankers and subsequent developments there, followed by reports of a Ukrainian drone strike ⁠on a Russian shadow fleet vessel in the Mediterranean, said IG analyst Tony Sycamore.

The Brent and WTI benchmarks fell by about 1% last week.

US special envoy Steve Witkoff said on Sunday that talks between US, European and Ukrainian officials in Florida over the past three days in an effort to end Russia's war in Ukraine had focused on aligning positions. Those meetings and separate talks with Russian negotiators had been productive, he said.

However, the top foreign policy aide of Russian President Vladimir Putin said that changes made by the Europeans ‌and Ukraine to US proposals had not improved prospects for peace.


GASTAT: Construction Costs in Saudi Arabia Rose 1% in November

The monthly Construction Cost Index survey results showed price stability in November 2025 compared with October 2025. SPA
The monthly Construction Cost Index survey results showed price stability in November 2025 compared with October 2025. SPA
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GASTAT: Construction Costs in Saudi Arabia Rose 1% in November

The monthly Construction Cost Index survey results showed price stability in November 2025 compared with October 2025. SPA
The monthly Construction Cost Index survey results showed price stability in November 2025 compared with October 2025. SPA

The Construction Cost Index in Saudi Arabia rose 1% in November 2025 compared with the same month last year, driven by equal 1% increases in both residential and non-residential construction costs, according to data released by the Kingdom’s General Authority for Statistics (GASTAT).

The monthly Construction Cost Index survey results showed price stability in November 2025 compared with October 2025.

The Construction Cost Index bulletin is part of GASTAT’s ongoing efforts to develop statistical products for vital sectors and provide a reliable and effective reference with accurate estimates to support decision-making by contractors, real estate developers, and relevant entities.

These efforts contribute to drawing a clear roadmap for residential and non-residential construction projects in the building and construction sector.