Tunisia Pins Tourism Hopes on Russians

Empty sunbathing chairs are seen on a beach near the Hasdrubal Hotel in Hammamet, Tunisia , March 12, 2020. Reuters
Empty sunbathing chairs are seen on a beach near the Hasdrubal Hotel in Hammamet, Tunisia , March 12, 2020. Reuters
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Tunisia Pins Tourism Hopes on Russians

Empty sunbathing chairs are seen on a beach near the Hasdrubal Hotel in Hammamet, Tunisia , March 12, 2020. Reuters
Empty sunbathing chairs are seen on a beach near the Hasdrubal Hotel in Hammamet, Tunisia , March 12, 2020. Reuters

With its economy hit hard by the pandemic, Tunisia is counting on Russians and eastern Europeans to salvage its tourist sector whose employees fear hunger more than Covid-19.

"The need to work is stronger than the fear of being contaminated," said lifeguard Aymen Abdallah, glancing at a half-empty beach in the Mediterranean resort of Sousse where Russians are making a comeback.

"If we don't work, we'll starve to death," added Abdallah, donning sunglasses and a mask.

The lifeguard is relieved to be back at work after an idle eight months. But "normally, the beach would have been full at this time", he sighed.

The North African country reopened its borders to tour operators in late April but then ordered a new week-long partial lockdown at the start of May because of a spike in coronavirus cases.

Up to 10 flights a week, mostly from Russia and eastern Europe, have in the past month been touching down at Enfidha, an airport serving Tunisia's tourism towns.

But revenues are down more than 60 percent on 2019, before the pandemic hit.

Hotels are authorized to operate at 50 percent of capacity but are struggling to reach that level.

"There's not much profit with just 30 percent hotel occupancy," lamented Adel Mlayah, deputy director of the high-end Mouradi Palace in Sousse.

The hotel normally employs at least 260 staff, but this year no more than 120 are working, AFP reported.

While visitors from most West countries are deterred from travel by their governments, those from Russia, the Czech Republic and Poland appeared to have few such qualms.

"There are not that many countries where we can go," said Andrej Radiokove, newly arrived from Moscow.

"Turkey closed its borders -- that's why we chose Tunisia."

Like most of the others in his tour group, he has not been vaccinated.

"We had Covid two months ago, so we're not scared," he said.

Only around two percent of Tunisia's population has so far been vaccinated.

The pandemic has claimed more than 12,000 lives in the country of 12 million people. But the high local toll does not appear to have deterred the sun-seekers.

Around the pool of the Mouradi Palace, a clutch of them swayed to the rhythm of Russian electronic music.

"Customers from eastern Europe are less than reticent, less concerned about the pandemic," said Zied Maghrebi, marketing director of the nearby Movenpick hotel.

"We have fallen back on these customers because they're not afraid to travel."

Serafim Stoynovski, a 22-year-old Bulgarian law student, explained that he chose Tunisia because "restrictions here are not as strict" as in other countries.

"We can go out for a walk, go to a restaurant or have a coffee if we want," he said.

Unlike other tourists who have to self-isolate for five to seven days in government-assigned hotels at their own expense, those in tour groups only need a negative PCR test.

Excursions, however, are restricted to tours organized by travel agents who adhere to health protocols, said Sousse tourism commissioner Taoufik Gaied.

He is holding out hope for one million tourists in 2021, still just a fraction of the nine million who came two years ago.



Türkiye TPAO, Shell Sign Deal to Carry out Exploration Work offshore Bulgaria

A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
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Türkiye TPAO, Shell Sign Deal to Carry out Exploration Work offshore Bulgaria

A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)

Türkiye Petrolleri (TPAO) has signed a partnership agreement with Shell to carry out exploration work in Bulgaria's maritime zone, the Turkish energy ministry and British oil major said on Wednesday.

European Union member Bulgaria, which had been totally dependent on Russian gas until 2022, has been seeking to diversify its gas supplies and find cheaper sources, Reuters reported.

TPAO and Shell will jointly explore the Khan Tervel block, located near Türkiye's Sakarya gas field, and will hold a five-year licence in Bulgaria's exclusive economic zone, Minister Alparslan Bayraktar said.

Shell will continue as operator of the block, while TPAO will take a 33% interest in the licence, a Shell spokesperson said.

Since the start of this year, TPAO has signed energy cooperation agreements with ExxonMobil, Chevron and BP for possible exploration work in the Black Sea and the Mediterranean.

In April, Shell signed a contract with Bulgaria's government to allow the oil major to explore 4,000 square metres in the block.


Saudia Signs Strategic Partnership Agreement with Six Flags and Aquarabia Qiddiya City

udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
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Saudia Signs Strategic Partnership Agreement with Six Flags and Aquarabia Qiddiya City

udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA

Saudia Airlines has signed a five-year strategic partnership with Six Flags and Aquarabia Qiddiya City, becoming the official premier partner exclusively in the airline category.

As part of the partnership, Saudia will develop special travel packages designed to enable visitors to experience world-class attractions. The collaboration also brings the spirit of Six Flags and Aquarabia Qiddiya City to the skies through special aircraft branding across Saudia’s fleet, SPA reported. 

Chief Marketing Officer of Saudia Group Khaled Tash said in a press release: "Saudia is committed to supporting national development projects as part of its contribution to Vision 2030, aligned with our strategy to bring the world to the Kingdom. Partnerships of this scale with national partners play a key role in positioning Saudi Arabia as a leading global destination for entertainment and tourism."

Park President of Six Flags and Aquarabia Qiddiya City Brian Machamer added: "Our partnership with Saudia not only reflects a shared ambition to connect the Kingdom to the world through world-class entertainment experiences, but strengthens our ability to attract visitors from around the world and realize our vision of setting a new global benchmark for immersive, world-class theme park entertainment and reinforcing Saudi Arabia’s growing presence on the global tourism stage."

Six Flags Qiddiya City sets a new benchmark for exceptional entertainment regionally and globally. Spanning six iconic themed lands, the theme park takes visitors on an immersive journey across 28 rides and attractions designed to world-class standards. Beyond the scale and diversity of its offerings, Six Flags Qiddiya City stands out for pushing the boundaries of engineering and entertainment, featuring five exclusive, record-breaking rides that have redefined global benchmarks. Leading these innovations is Falcons Flight, the roller coaster that has captured global attention as the fastest, tallest, and longest in the world.

Aquarabia Qiddiya City delivers a distinctive aquatic entertainment experience, offering 22 rides and water attractions, along with a man-made river designed for both relaxation and family-friendly water fun. For guests seeking privacy and elevated comfort, Aquarabia features 91 luxury cabanas, positioning the destination as a fully integrated leisure offering that redefines water-based entertainment to the highest international standards.

Located in the Tuwaiq Mountains near Riyadh, Qiddiya City is an emerging destination bringing together entertainment, sports, and culture. Six Flags and Aquarabia Qiddiya City form part of its entertainment offering.


Moody’s Establishes Regional HQ in Riyadh, Deepening Presence in Region

(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
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Moody’s Establishes Regional HQ in Riyadh, Deepening Presence in Region

(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)

Moody’s Corporation announced that it has established its regional headquarters in Riyadh, reflecting ongoing commitment to support the development of the Kingdom’s capital markets and economy.

“This investment aligns to the Kingdom's Vision 2030 initiative and underscores its dynamism and growth,” Moody’s said in a statement this week.

The new regional headquarters marks an expansion of Moody’s presence in Saudi Arabia, where the company first opened an office in 2018, and reflects its longstanding commitment to the Middle East.

“The headquarters will strengthen Moody’s engagement with Saudi institutions and enable broader access to Moody’s decision grade data, analytics and insights,” said the statement.

“Our decision to establish a regional headquarters in Riyadh reflects our confidence in Saudi Arabia’s strong economic momentum, as well as our commitment to helping domestic and international investors unlock opportunities with our expertise and insights,” said President and Chief Executive Officer of Moody’s Rob Fauber.

“We are well positioned to provide the analytical capabilities and market intelligence that investors and institutions need to navigate evolving markets across the Middle East,” the statement quoted him as saying.

Mahmoud Totonji will lead the regional headquarters as General Manager.