Riyadh, Jeddah take top spots as Saudi Arabia mobile bookings for air travel up 116% in 2017

Over a quarter of trips taken last year had an average duration of six days while about 18 percent took 35 days or more, with the most preferred months for travel in August and July. (Shutterstock)
Updated 19 March 2018
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Riyadh, Jeddah take top spots as Saudi Arabia mobile bookings for air travel up 116% in 2017

DUBAI: Mobile bookings for air travel rose a hefty 116 percent in Saudi Arabia in 2017, although desktop remained the dominant platform in the wider region for purchasing flight tickets, travel company Cleartrip said in its 2017 Travel Insights Report.

Among the major cities in the region, Riyadh had the highest rate of mobile bookings at 32 percent of all transactions there, with Jeddah close by at 31 percent, the report said. Mobile bookings in the kingdom also comprised almost a third of all tickets purchases in the kingdom last year, Cleartrip added.

The 2017 Travel Insights Report also noted the tendency to book tickets through the desktop as the number of customers increased, while solo travelers tended to use mobile devices for their flight reservations. The majority of bookings in the region – and Saudi Arabia in particular – were usually made a week prior to travel, although the report noted that mobile platforms were popular late-minute travel bookings.

“Interestingly, the findings showed that there is a clear correlation between the number of travelers per ticket and the platform used for booking,” Cleartrip said. The report consolidated proprietary information from Cleartrip as well as data from the company’s more than 400 partner airlines.

“We closely monitor the new and dominant trends in the market to inform our business and product decisions and the 2017 Travel Insights Report is a natural outcome of our intense focus on understanding and solving customers’ needs,” said Stuart Crighton, the founder and chief executive of Cleartrip, said in a statement.

Dubai was the top destination for travelers in the region last year, followed by Sharjah, Manila and Abu Dhabi. The Armenian capital Yerevan meanwhile was the most trending destination for 2017, with bookings posting a whopping 498 percent rise over the previous year, followed by Georgia’s Tbilisi and Nepal’s Kathmandu with both destinations recording twofold increases in online bookings.

Yerevan and Tbilisi have been heavily promoted as affordable travel and tourism alternatives and are extremely popular destinations particularly for individuals in the UAE who need to go on a visa run to renew their stay in the Emirate.

Over a quarter of trips taken last year had an average duration of six days while about 18 percent took 35 days or more, with the most preferred months for travel in August and July, which coincide with the summer holiday trips expatriates and residents in the region.


Saudi Aramco boss reveals gas and LNG ambitions amid petchems push

Updated 22 January 2019
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Saudi Aramco boss reveals gas and LNG ambitions amid petchems push

  • Saudi Aramco CEO Amin Nasser: We are in discussions in different countries with a lot of partners. We are reviewing these opportunities to make final decisions in terms of investment
  • Amin Nasser: A lot of it is in partnerships with leading companies around the world and it is either in gas investment, LNG investment or both

London: Saudi Aramco is eyeing gas and LNG acquisitions as it also prepares for the potential purchase of the Kingdom’s biggest chemical maker, CEO Amin Nasser revealed on Tuesday.

He made the disclosure in an interview with Bloomberg TV on the sidelines of the World Economic Forum in Davos.

“We are in discussions in different countries currently with a lot of partners. We are reviewing these opportunities to make final decisions in terms of investment,” Nasser said.

“A lot of it is in partnerships with leading companies around the world and it is either in gas investment, LNG investment or both.”

Aramco has also been in discussions with a credit rating agency ahead of a planned bond sale.

It comes ahead of the potential purchase of Saudi Basic Industries Corporation (SABIC), the Kingdom’s biggest chemical maker and a key part of Aramco’s ambitions to grow its global petrochemicals business.

“We will decide soon how much we would like to take from the bond market. Definitely it is going to be an international bond. We are currently in discussion with regard to how much and where,” Nasser said.

He said that the purchase price for SABIC was still under discussion.

“We are in discussion currently with the Public Investment Fund about acquisition of 70 percent of the share of SABIC. We are in discussion with regard to the price at this stage,” he said.

Earlier this month Saudi Energy Minister Khalid Al-Falih said Aramco would issue bonds in the second quarter of 2019.

Aramco’s planned acquisition of SABIC is expected to involve buying all or nearly all of the 70 percent stake in the chemicals company held by the Public Investment Fund (PIF), the Kingdom’s principal sovereign wealth fund.

Nasser said that there was no plan to acquire the 30 percent of the company that is currently publicly traded in Saudi Arabia.