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Flynas Named Best Low-Cost Airline in Middle East

Saudis walk past a model of a Flynas plane during a ceremony for the signing of an agreement with European Airbus, on January 16, 2017 in the capital Riyadh. Low-cost Saudi carrier flynas on Monday signed an $8.6 billion deal with European plane manufacturer Airbus to purchase 80 A320neo single-aisle jets. / AFP / FAYEZ NURELDINE
Saudis walk past a model of a Flynas plane during a ceremony for the signing of an agreement with European Airbus, on January 16, 2017 in the capital Riyadh. Low-cost Saudi carrier flynas on Monday signed an $8.6 billion deal with European plane manufacturer Airbus to purchase 80 A320neo single-aisle jets. / AFP / FAYEZ NURELDINE
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Flynas Named Best Low-Cost Airline in Middle East

Saudis walk past a model of a Flynas plane during a ceremony for the signing of an agreement with European Airbus, on January 16, 2017 in the capital Riyadh. Low-cost Saudi carrier flynas on Monday signed an $8.6 billion deal with European plane manufacturer Airbus to purchase 80 A320neo single-aisle jets. / AFP / FAYEZ NURELDINE
Saudis walk past a model of a Flynas plane during a ceremony for the signing of an agreement with European Airbus, on January 16, 2017 in the capital Riyadh. Low-cost Saudi carrier flynas on Monday signed an $8.6 billion deal with European plane manufacturer Airbus to purchase 80 A320neo single-aisle jets. / AFP / FAYEZ NURELDINE

Flynas, the Saudi national carrier, has been awarded the “Best Low Cost Airline in the Middle East” award at the 2017 World Travel Awards.

Flynas has won this award for the third consecutive year, considered the aviation industry’s Oscar.

The World Travel Awards was established in 1993 to recognize and celebrate excellence in all sectors of tourism and to become one of the most important awards in the tourism and travel sector.

Bandar Al-Muhanna, chief executive officer of Flynas Air Group, said: "Bagging the Award for Best Airline in the Middle East for the third time in a row is a reflection of the growth and advancement we are working on at the company. It also highlights the trust of our traveling guests, which we are very proud of. All our efforts are dedicated to please them.”

This award comes after Flynas Airways last July received the Skytrax Airline Award as the Middle East's best economic airline for 2017, proving to everyone that Flynas is growing at a steady pace to achieve leadership, success and excellence, he added.

In recognition of its precious passenger, Flynas has announced a 30% discount on all its domestic flights for a week.

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Saudi EXIM Bank Signs MoU with Credit Oman to Boost Bilateral Exports

The MoU was signed on the sidelines of the TXF Global 2025 conference held in Copenhagen from June 10 to 12 - SPA
The MoU was signed on the sidelines of the TXF Global 2025 conference held in Copenhagen from June 10 to 12 - SPA
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Saudi EXIM Bank Signs MoU with Credit Oman to Boost Bilateral Exports

The MoU was signed on the sidelines of the TXF Global 2025 conference held in Copenhagen from June 10 to 12 - SPA
The MoU was signed on the sidelines of the TXF Global 2025 conference held in Copenhagen from June 10 to 12 - SPA

CEO of Saudi EXIM Bank, Eng. Saad bin Abdulaziz AlKhalb and CEO of Credit Oman, Khalil bin Ahmed Al Harthy signed a memorandum of understanding (MoU) to promote cooperation in supporting joint projects, facilitating exports, and exchanging expertise, thereby contributing to the empowerment of non-oil exports and strengthening economic and trade ties between the two countries.

This came on the sidelines of the TXF Global 2025 conference held in Copenhagen from June 10 to 12.

EXIM participated as a sponsor of the conference to enhance the bank’s role in global trade and establish strategic partnerships to support the growth and competitiveness of Saudi non-oil exports in international markets, according to SPA.

Engineer Al-Khalb also participated in a panel session during the conference alongside a distinguished group of leaders, decision-makers, and export credit experts to discuss ways to foster international trade cooperation. He affirmed that Saudi EXIM Bank is a reliable partner in the global trade ecosystem, noting that the bank’s establishment is part of the Kingdom’s broader economic transformation.

He pointed out that the bank has provided credit facilities amounting to USD 22 billion since its inception and emphasized that the bank’s A+ credit rating from Fitch Ratings will significantly impact its operations and those of its clients and partners both locally and globally. He added that the bank’s strategy is focused on building strategic pathways for local exporters.