Gulf Air Launches First Flight to AlUla International Airport

The Royal Commission for AlUla (RCU) is targeting broadening air connectivity with various international and local destinations, and transforming AlUla into a global logistics hub in northwestern Saudi Arabia. (SPA)
The Royal Commission for AlUla (RCU) is targeting broadening air connectivity with various international and local destinations, and transforming AlUla into a global logistics hub in northwestern Saudi Arabia. (SPA)
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Gulf Air Launches First Flight to AlUla International Airport

The Royal Commission for AlUla (RCU) is targeting broadening air connectivity with various international and local destinations, and transforming AlUla into a global logistics hub in northwestern Saudi Arabia. (SPA)
The Royal Commission for AlUla (RCU) is targeting broadening air connectivity with various international and local destinations, and transforming AlUla into a global logistics hub in northwestern Saudi Arabia. (SPA)

Gulf Air, Bahrain’s national carrier, launched on Saturday its first-ever flight to AlUla International Airport, from where the company will operate direct Bahrain-AlUla flights twice a week, from February 3 to March 6, and from April 10 to April 27, on board Gulf Air A320neo aircraft.

The Royal Commission for AlUla (RCU) is targeting broadening air connectivity with various international and local destinations, and transforming AlUla into a global logistics hub in northwestern Saudi Arabia.

Vice President of Destination Marketing and Management Office at RCU Rami Almoallim said: “We are pleased to welcome new visitors on their journey to AlUla, which offers a cultural and tourism experience."

He added that the inclusion of AlUla among Gulf Air’s main seasonal destinations for the current year is proof of the attraction this historic site has for tourists.

“This also helps our endeavors to facilitate access to AlUla as a destination via direct international flights from neighboring international aviation hubs," he added.

Several projects were carried out at AlUla International Airport in recent years to improve its services. The airport joined the list of international airports in March 2021. The total area of the airport was expanded to nearly 2.4 million square meters, and the airport’s flight deck can accommodate up to 15 aircraft at a time.

Enhancing aviation operations and developing the infrastructure of the airport aligns with AlUla’s goals of receiving two million visitors annually by 2035, utilizing a pioneering model of practical and sustainable tourism strategy.

Saudi airlines expanded the scope of its flights to AlUla International Airport linking it with Europe by operating flights with Paris, and adding international destinations to it, from Dubai, Doha, and Cairo.



Gold Steady as Focus Shifts to US Data for Economic Cues

Gold bullion displayed in a store in the German city of Pforzheim (dpa)
Gold bullion displayed in a store in the German city of Pforzheim (dpa)
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Gold Steady as Focus Shifts to US Data for Economic Cues

Gold bullion displayed in a store in the German city of Pforzheim (dpa)
Gold bullion displayed in a store in the German city of Pforzheim (dpa)

Gold prices were little changed on Monday, while investors awaited a slew of US economic data including the December nonfarm payrolls report for further guidance on the Federal Reserve's stance on interest rates.
Spot gold held its ground at $2,635.39 per ounce by 0510 GMT. US gold futures dropped 0.2% to $2,646.80.
How the US jobs data fares this week could hold the key to whether gold breaks out of its recent range, said Tim Waterer, chief market analyst at KCM Trade.
"There is a plethora of US data due for release this week (including ISM Services PMI data), and any downside misses could hurt the USD and help gold."
The US jobs report, due on Friday, is expected to provide more clues to the Fed's rate outlook after the US central bank rattled markets last month by reducing its projected cuts for 2025.
Investors are also awaiting ADP hiring and job openings data, as well as minutes of the Fed's last policy meeting for further direction.
Gold flourishes in a low-interest-rate environment and serves as a hedge against geopolitical uncertainties and inflation.
US President-elect Donald Trump is set to return to office on Jan. 20 and his proposed tariffs and protectionist policies are expected to fuel inflation.
This could prompt the Fed to go slow on rate cuts, limiting gold's upside. After three rate cuts in 2024, the Fed has projected only two reductions for 2025 due to persistent inflation.
The US central bank's benchmark policy rate should stay restrictive until it is more certain that inflation is returning to its 2% target, Richmond Federal Reserve President Thomas Barkin said on Friday.
Spot silver was down 0.2% at $29.57 per ounce, platinum dipped 0.7% to $931.30 and palladium fell 0.4% to $918.22.