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Sharjah Holding PJSC, a partnership between Majid Al Futtaim-Properties and Sharjah Asset Management, inaugurated an AED56 (USD15.2) million extension at Matajer Al Juraina.

Emaar Entertainment announced a first-of-its-kind attraction, VR Park.

Air Arabia announced full-year financial results for 2017, reporting that net profit for the full year ending December 31, 2017 was AED662 (USD180) million, a 30 percent increase compared to AED509 (USD139) million registered in 2016.

Al Jawaher Reception and Convention Centre (JRCC) hosted 140,197 visitors across 400 events in 2017, strengthening Sharjah’s place on the regional and international MICE tourism map.

Al Zorah has officially opened Marina 1 allowing boat and yacht owners to moor and enjoy the new facilities.

Recent reforms in Saudi Arabia and widespread investment in the Kingdom’s tourism industry is expected to drive a 13.5 percent compound annual growth rate (CAGR) in the hospitality market, according to new report commissioned by Arabian Travel Market.